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Simple Strategies to Maintain Back Office Productivity – Transition to a Virtual Bill Pay Solution April 16, 2020 10:00 am – 11:00 am PT
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
Brit Tompkins
Director, Technology Solutions
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%
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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
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Bill.com Overview
Introduction to Bill.com
8
Bill.com Security
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Learn more about Bill.com's security protocols at: https://www.bill.com/security/
Bill.com Demo
Bill.com Demo
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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
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• 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?
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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
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Q&A
Stay up-to-date with the BPM COVID-19 Resource Center at
bpmcpa.com/COVID-19
