Alternatives to QuickBooks Payments
What exactly is QuickBooks Payments?
QuickBooks Payments enables businesses to process credit card and ACH payments for invoices from QuickBooks with efficiency and flexibility. It also assists business owners with time-consuming and detail-oriented tasks such as invoicing, reconciliation, managing their payment plans and credit card processing.
How does QuickBooks Payments Work?
QuickBooks Payments allows businesses to accept payments directly through an invoice when adding a “Pay Now” button. It also enables businesses to receive payment the day after customers have paid with instant deposits.
By integrating with the clients’ bank, QuickBooks Payments makes bookkeeping simple. Payments are made directly from QuickBooks making reconciliation almost effortless, as payments are automatically matched with invoices.
What Are the Costs
The cost of using QuickBooks payments differs according to the following:
Method of use – QuickBooks Online or QuickBooks Desktop.
Pay-as-you-go or monthly pricing.
How the payments are processed.
Let’s take a look at the costs in more detail:
Why Switch from QuickBooks Payments?
While QuickBooks Payments offers many benefits, it may not be the best value because of its monopolistic position. Many users are tied into using QuickBooks Payments because it's ability to use without integrations or complicated setup. Premium prices are paid because it is the largest and recognized accounting software. Some merchant services plugins are less costly than QuickBooks Payments, however, third party payments operating inside QuickBooks can make operations more complicated, minimizing ease of operation.
Why Biller Genie Is the Best Alternative to QuickBooks Payments
Biller Genie is an intuitive solution that integrates with all major credit card processors and all versions of QuickBooks Online and QuickBooks Desktop. Biller Genie is in the middle of the entire ecosystem, which is vital to connect payment providers to QuickBooks, a challenging task to accomplish in the past.
When subscribers create invoices as they would normally do is when Biller Genie goes to work. Invoices are emailed to customers, who pay online with credit card, ACH, or Apple Pay. Once a payment is made, the transaction is immediately marked as paid in QuickBooks.
Biller Genie is close to effortless to operate. With no new software to learn, new accounts are set up in minutes. Our staff will place your accounts receivable on auto pilot during a 15-minute training call, then you can relax as your customers pay their invoices.
Works with any major credit card processor.
40% reduction in overdue invoices.
Get paid 15 days faster.
Save 10-20 hours per week of administrative work.
L2 & L3 processing lowers B2B payment processing costs.
Biller Genie comes with many additional features such as a branded portal to manage accounts, a custom schedule of reminders to ensure invoices are paid on time, and technology fees, which offset the cost of processing payments.
Based on the benefits mentioned above, it’s safe to say that Biller Genie is a welcome alternative to QuickBooks payments worth considering. The cloud-based platform seamlessly integrates with QuickBooks saving your business time and money.