There is a multitude of reasons why a bill pay software can pad your cash flow and help your budget. There can be time and stress in the monthly bill-paying process and if you own a busy company, this is something that needs to be automated.
Paper checks and wire transfers have their drawbacks. From high transaction costs to slow processing times (for paper checks), these payment methods boast numerous inconveniences. ACH and Wire payments, on the other hand, have become a preferred choices among businesses looking to lower payment processing fees and streamline their vendor payment processes.