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Electronic Funds Transfer, or EFT, is a means to transfer money electronically from one banking institution to another. This is accomplished without having paper money or checks exchanging hands. One of the most commonly known application of EFT is direct deposit. However, the term applies broadly to any system that transfer funds electronically.Why Leverage EFT for Your Business Using Bill.com
If you are using paper checks in your business, you understand how time consuming it can be. Using Bill.com, you can get paid electronically or pay your invoices with a click of a button.
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Bill.com eliminates a critical step in any business, updating your accounting software when you pay a bill or receive a payment. With integration with QuickBooks Online, QuickBooks Desktop, Xero, NetSuite, Intacct, and import / export support with software like Microsoft Dynamics and Sage, you can be sure Bill.com will save you valuable time and avoid errors from double entry. Fill out the form below to get started with a risk-free trial.
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