Open APIs: A Win-Win Business Arrangement for Software Companies and Accountants

Bill.com has launched the Bill.com App Center which is specifically designed to solve financial professionals’ most common business needs, streamlining workflow by bringing together key tools, such as expense management, online mail management, and accounting systems. The first phase of the App Center features deep integration with a select group of best of breed solutions, which have been highly requested by existing Bill.com accountants, direct customers and prospects. Deep integration means that the solution meets specific workflows, is integrated to the point that set-up is easy enough to be self-serve, and allows for easy, immediate data conflict resolution. Bill.com has led the industry by making it possible for accountants and businesses to manage end-to-end financial processes with seamless accounting software sync.

One important deep integration most recently launched is SpringAhead’s Tallie expense report software integration to Bill.com’s open API unifying and simplifying expense reporting and bill payment automation, two functions essential to financial management. This integration gives the accounting firms the ability to work collaboratively with their clients and has completely changed the dynamics of two core services: bill payment and expense reporting. The capability of this integration offers truly innovative ways for the accounting firm’s to boost profits without incurring more risk or costs.

Tallie intelligently scans, categorizes and matches receipt and credit card data, and auto generates detailed expense reports. It also allows the user to manage approval workflow, ensure policy compliance and detect potential fraud.

Some of the unexpected benefits of the Bill.com – Tallie integration allows the user to:

• Reimburse employees using the same method used to pay vendors.
• Ensure expense and billing data is always up-to-date, regardless of what system is being used.
• Turn detailed, automated expense reports into bills, complete with related receipts and documents.
• Keep all critical expense data in sync, including vendors, customers, accounts, items and classifications.

For more additional information on the Bill.com – Tallie integration see this website.

Naturally, the ways in which each of these benefits may apply to you and your practice will depend on your specific situation. The common thread is this integration was developed with the intention of working to help deliver more value in less time to your practice and your clients. By integrating Bill.com and Tallie, expense reporting is finally a natural part of the entire financial management solution because it offers a rich set of features for accountants and financial professionals.

Integrating these disparate functions and solutions, you will see unexpected benefits that will transform your practice.