By: Co-Editor, Bobby B:
Companies seeking to provide web-based solutions for small business are easy to find on the web. Indeed, GreatStartups.com has covered several startups operating in this space. Fore example, Beezang.com (helps roommates and colleagues manage joint expenses), Outright.com (Free Online Bookkeeping), Projjix.com (helps business engage with consultants) and Invoicera.com (eBilling).
Out of Australia now comes BillsTrust.com. Launched two weeks ago, BillsTrust is a flexible and novel way to pay all your bills and invoices online, both handwritten and printed. The idea is to help users avoid late payment fees by taking care of each and every bill in due time. Once the user has signed up he will have access to a dashboard in which he will see all his upcoming bills queued up as well as historical payment information and digital copies of bills in an archive. That is, the individual will have a true overview of what has to be dealt with, instead of having to browse through bills individually.
When bills are paid by the due date, SMS or email alerts are sent to the client keeping them in the loop at all times.
The system requires no data entry, at least not in the conventional sense as users simply fax/scan and email their bills to the company to have them added to their control panels. Clients are also provided with personalized 2D bar-coded (QR code) stickers, and these are stuck onto the front of their bills as they receive them. The moment a bill is paid the individual will receive both an SMS and an email notification letting him know that the bill has been paid, and also how much money the transaction has entailed.
There is no service on the Internet that keeps customers in control of all their bills especially handwritten ones like plumbers and suppliers.
The service uses latest technology with QR codes and OCR technology to queue up what was a paper bill into data that can be held and only paid on the due date.
BillsTrust helps businesses affected by the credit squeeze to manage their cash flow by delaying payments on their payment terms, not their suppliers without them having to keep in trays full of accounts payable, allowing them to focus on their business rather than administration of it.
Reasonably priced at between $24-49 per month BillsTrust.com may be worth a try.
, data entry , email notification , invoices , latest technology , Startups , web based solutions
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