August 15, 2013 // Franchising.com // PALO ALTO, CALIF. - Bill.com, the leader in integrated bill payment, invoicing and cash flow management solutions for businesses, today announced that it will offer a free webinar for nonprofits' financial leaders, “Skeptical About Going Paperless? Ask Me Anything” on Thursday, August 22nd, at 10 a.m. PT. Please Register online at: http://cashflow.bill.com/PaperlessNPO082213.html?medium=pr.
The webinar features Joshua Caulfield, CEO, American Institute of Architecture Students, who manages a nonprofit serving 7,000 international members organized into 187 chapters. To manage this huge operation, Caulfield relies on a small, three person full-time staff. Given that most invoices need multiple approvers and all checks over $3,000 need to be approved by two people—and two out of those three people travel extensively — the payment and approvals process was cumbersome at best.
“Before Bill.com, checks would pile up in the office, waiting for people to come in. It would often take 45 days to get someone paid,” said Joshua Caulfield, CEO, American Institute of Architecture Students. “Now, with Bill.com, it only takes 48 hours! Bill.com eliminates the need for our accountant to cut a check and lets us get approvals from required staff no matter where they are. It has even improved our process from a management perspective because now our treasurer can always be one of the two approvers, no matter where he might be, which is really important for proper oversight of our organization.”
In this webinar, Caulfield will answer questions and offer insights on how managing finances in the cloud can save nonprofits tens of thousands of dollars each year by seamlessly connecting a non-profit’s bank, bookkeeping and operations to streamline its finances. Moderated by Bill.com Senior Vice President of Marketing Lisa Lang, the webinar will illustrate the ways Cloud technology can help non-profit leaders eliminate time-consuming, paper-based processes, work more smoothly with their boards, and serve their clients more effectively than ever.
“The Cloud has changed how nonprofits work, making these organizations more effective than ever, despite often limited staffing and resources,” said Lisa Lang, Senior Vice President, Bill.com. “Joshua has a great success story to share, and we are so pleased to have him join us to offer his first-hand experience and expert advice to his fellow nonprofit leaders.”
Bill.com is the home of the fastest-growing business payments network in the nation, enabling 200,000 users to pay and get paid millions of bills worth billions of dollars. The Bill.com Business Payments Network™ brings small-to-medium businesses simple online bill payment, custom invoicing services, unlimited document storage, workflow collaboration, and the ability to access their back office from anywhere via any mobile device. Bill.com's services easily sync to users' accounting software and online bank accounts to better control company financials while also guarding against errors and offering enterprise-class fraud protection that current methods cannot match. Bill.com serves customers through its direct, accountant and bank channels, bringing together people, systems and documents to redefine how business payments are made.