We wrap up our mini blog series about our top recommended integrations for QuickBooks Online with an overview of three more of our favorite products: Bill.com, FathomHQ, and Amazon Business Connection. Read the following guide to learn more about the capabilities of these programs, including how they can benefit your Early Childhood Education business.
Bill.com is the solution we recommend to clients who need a robust billing system that provides accounts payable management. It’s quite an extensive product, and we like it for offering the following capabilities:
- Simplified Accounts Payable – With end-to-end automation, it’s easy to clean up messy payables and gain more visibility and control over your entire accounts payable process.
- Capture All Invoices in One Platform – Completely digitize your paper-based payables process; gather invoices from email, drag and drop from your desktop, or snap a photo with the mobile app.
- Streamline the Approval Process – Customize approval policies, automate approval workflows, and approve bills from anywhere with a simple swipe, or multiple bills with a few taps.
- Flexible Payment Options – Pay how you want to pay with a variety of payment options, including ePayment, credit card, check, and international wire.
- Improve Visibility and Control – See payments coming and going at a glance with a simple dashboard overview that lets you track real-time status.
- Simplify Reconciliation with Auto-Sync or Data Integration – Direct two-way sync or data integration with QuickBooks Online accounting software, reducing error-prone manual entry and making it easy to balance your books with data you trust.
As with our other recommendations, Bill.com integrates seamlessly with QuickBooks Online and gives you a smooth-running accounts payable experience that complements your existing online accounting solution. We especially recommend this product for clients who receive grants and are subject to more regulation and scrutiny in their billing processes, including nonprofits and charter schools. If you are ready for an accounts payable solution that saves you time, energy, and costly mistakes, check out Bill.com.
FathomHQ is the business management solution that combines insightful reporting, fast cashflow forecasting, and actionable financial insights into one easy, convenient tool that integrates with your accounting software. There’s lots of reasons to choose FathomHQ for your management dashboards. Here are a few of them:
- Financial Analysis – Get in-depth analysis of your numbers and a clearer picture of your business performance.
- Management Reporting – Create custom management reports that allow you to view and share clear, compelling business results.
- Cash Flow Forecasting – Achieve clarity and confidence about your future financial results and what needs to happen to achieve your goals.
With FathomHQ, you can view pre-defined and custom reports for all segments of your childcare business financial data. It’s a great program for those who want to look at the numbers from every angle with detailed statistics, as well as those who prefer a clear, no-nonsense overview that sticks to the basics and allows you to focus on the KPIs that are most important to you. If you’re looking for a management dashboard solution that pairs wonderfully with QuickBooks Online, we recommend giving FathomHQ a try.
Amazon Business Connection
Many of our Early Childhood Education clients have an Amazon Business account which they rely on for a variety of purchases for their childcare centers. Did you know it’s easy to connect your Amazon Business account to QuickBooks Online? All you have to do to connect your Amazon Business account with QuickBooks is use the Amazon Business Purchases app. Here’s why you would want to:
- The Amazon Business Purchases app will allow all your Amazon Business purchases to appear in QuickBooks.
- It also includes the details of these purchases, so QuickBooks can automatically categorize and link them to your bank or credit card records.
- You can review your books and make quick adjustments to save time and keep them up-to-date.
It is worth noting that the Amazon Business Purchases app works only with Amazon Business accounts. It cannot connect your personal Amazon account or Amazon Seller account to QuickBooks. However, for those of you who already use an Amazon Business account for your childcare business, it’s a great way to keep track of and categorize your purchases made through Amazon.
We hope this mini series on our favorite QuickBooks Online integrations is a helpful guide as you continue to look for products that will help you save money, time, and energy for your Early Childhood Education business.
The Honest Buck Accounting team is passionate about helping childcare business owners streamline their accounting processes, create a strong financial foundation, and achieve their business goals. Schedule a call with us to learn more about our professional accounting services.