Simple Strategies to Maintain Back Office Productivity – Transition to a Virtual Bill Pay Solution

April 16, 202010:00 am – 11:00 am PT

Our Panelists

2

Bryan Rhody

Partner, Technology Solutions

BRhody@bpmcpa.com

Brit Tompkins

Director, Technology Solutions

BTompkins@bpmcpa.com

CFO Priorities

Gartner CFO COVID-19 Priorities Study

4

Mar 16 Mar 23 Mar 30 Apr 6

• Business Operations

• Finance Functional

Management

• Financial Performance

• Communicating with the

Market

• Financial Performance

• Business Operations

• Cash Flow Management

• Cost Management

• Scenario Modeling

• CARES Act Evaluation

• Cash Flow Management

• Scenario Modeling

• Labor Cost Management

Shift to Permanent Remote Work – Post COVID-19

26%27%

25%

17%

4%

2%

0%

5%

10%

15%

20%

25%

30%

0% RemainRemote

5% RemainRemote

10% RemainRemote

20% RemainRemote

50% RemainRemote

More than 50%

5

Strategies To Improve Your Accounts Payable Process

• Approval Workflows

• Digital Audit Trail

• Remove Paper

• Accounting System Integration

• Real-time Reporting

• Online Document Storage

• Digital AP Inbox

• Single Payment Process

Centralize Your Process

Improve Transparency

Increase Oversight

Streamline Through

Automation

6

Bill.com Overview

Introduction to Bill.com

8

Bill.com Security

9

Learn more about Bill.com's security protocols at: https://www.bill.com/security/

Bill.com Demo

Bill.com Demo

11

Payment Tracking and Audit Trail

Paying

Approving a Bill

International Payments

Coding a Bill

Introduction to Bill.com

6 Steps

Bill.com Benefits – Bringing It All Together

12

• Approval Workflows

• Digital Audit Trail Increase Oversight

• Real-time Reporting

• Online Document Storage

Improve Transparency

• Digital AP Inbox

• Single Payment Process

Centralize Your Process

• Remove Paper

• Accounting System Integration

Streamline through Automation

How Can BPM Help?

13

B U S I N E S S T R A N S F O R M A T I O N

Chart of Accounts Design Workflow Modelling Vendor Enablement Best Practices

Recommendations Internal Controls Review

STREAMLINED ONBOARDING BILL.COM CONFIGURATION SUPPORT & OUTSOURCING

Personalized & Interactive Training

Vendor Data Migration Electronic Payments Campaign Accounting Systems

Integration Custom Roles & Permissions

Transaction Accounting Assistance

Continuous Training Optimization and

Enhancements Custom Development and

Scripting

E N D T O E N D P R O J E C T O V E R S I G H T

Advise Deliver Maintain

Next Steps

BPM BPM will send an email following today’s webinar that will include:

Webinar Materials and Recording

Bryan’s and Brit’s contact information

Onboarding Workbook

What Can You Do in the Meantime? Begin to evaluate your current process

Start thinking of ways you can implement these strategies

Be prepared to explain your current process and the bottlenecks you are facing

14

Q&A

Stay up-to-date with the BPM COVID-19 Resource Center at

bpmcpa.com/COVID-19