Embedded payments solutions provider NMI has rolled out Bill Connect, a new extension for use with the NMI Payment Gateway, powered by Biller Genie, a company that helps small and midsized businesses automate their accounts receivable process.
Designed to integrate smoothly with popular accounting software such as QuickBooks Online, QuickBooks Desktop, and Xero, Bill Connect simplifies billing and payment acceptance, offering SMBs an easier way to manage their accounts receivable while accelerating payments.
By embedding payment functionality directly into widely used accounting software such as QuickBooks, Bill Connect eliminates the need for costly and complex ERP-based systems, NMI says in a media release. This cloud-based integration helps merchants automate and streamline invoicing, accept secure payments, and automate reconciliation—all within a single platform.
“Bill Connect is more than just a payments tool—it’s a game-changer for both our partners and their merchants. By integrating payments directly into the accounting software SMBs already rely on, we’re eliminating complexity and creating new revenue opportunities for ISOs and software providers,” Sade Ayinde, senior product manager at Schaumburg, IL-based NMI, said in a statement. “Our partnership with Biller Genie is all about enabling our partners to empower SMBs to streamline their operations, improve cash flow, and deliver an exceptional experience to their customers. We’re thrilled to be driving this innovation forward.”
Key features and benefits of Bill Connect include:
- Seamless integration: Bill Connect works with QuickBooks and Xero, enabling businesses to streamline invoicing, payment acceptance, and reconciliation—all within their existing accounting software. With no new software to learn, merchants can quickly and easily reduce manual effort and improve cash flow.
- Increased efficiency: Merchants can reduce overdue invoices by 40% and get paid 15 days faster on average, saving 10 to 20 hours of administrative work each week.
- Secure payment processing: With NMI Customer Vault and PCI-compliant tokenized transactions, merchants can securely accept credit card or ACH payments, including recurring and bulk transactions. “This ensures both robust protection and a seamless payment experience for their business and their customers,” NMI says.
- White-label invoicing: Merchants can generate professional, branded invoices within their existing accounting software, helping businesses maintain their identity.
“At Biller Genie, our mission is to simplify accounts receivable for small and mid-sized businesses. Partnering with NMI, the platform of choice for so many SMBs, allows us to extend our automated invoicing and payment solutions to a broader audience. By integrating seamlessly with popular accounting software, we’re helping businesses accelerate cash flow, reduce administrative burdens, and enhance their customer experience,” said Biller Genie President Garima Shah.
More information about Bill Connect can be found here.
Thanks for reading CPA Practice Advisor!
Subscribe Already registered? Log In
Need more information? Read the FAQs
Tags: Accounting, Small Business, Software, Technology
