Managing Vendors payment methods

When using Bill.com to pay your vendors, choose whether a vendor gets paid by check or ePayments. By default, all vendors are set up to be paid via check when first added to Bill.com. To pay them electronically, set them up for ePayment.

EPayments

ePayments have several benefits:

  • Save money - ePayments are much less expensive than checks
  • Keep your vendors happy - ePayments arrive really fast, directly into your vendor's bank account. They won't have to wait for a check to arrive in the mail, and then make a trip to the bank!
  • Environmentally friendly - save paper and carbon emissions by eliminating a piece of physical mail

Our network of companies accepting Bill.com ePayments is growing every day. When you add a new vendor, large or small, we'll automatically let you know if we think they already use Bill.com to accept ePayments. And for the vendors you've already entered in Bill.com, you have many options:

  • See if your vendor already uses Bill.com to accept ePayments - we'll search our network, as well as our network of large billers, and display any potential matches we find. Just check their Vendor Detail page in your account.
    • Note: An account number is always required to connect with any vendor in the large biller network
  • Invite your vendors to join our network and get paid online for free (email address required)
  • Manually enter your vendor's bank account information

Checks

An ePayment vendor can be reverted to check payments. The steps differ depeding on how their bank account was added.

Invited Vendor

If vendor was invited to create their own Bill.com account, unlink the vendor:

  1. In the left navigation pane, click Vendors
  2. Click the Vendor name to unlink
  3. Click the more options dots
  4. Click Unlink

Private Vendor

If vendor's bank account information was added manually, inactivate the vendor's bank account:

  1. In the left navigation pane, click Vendors
  2. Click the Vendor's name
  3. Click the more options dots
  4. Click ePayment info
  5. Click the bank account number
  6. Click Deactivate

Note: Check arrival dates are estimated because once the check is sent we have no control over the United States Postal Service.]

Things to know

  • Reverting an ePayment vendor back to check will inactivate any bank information that was previously entered for the vendor
    • To change a vendor back to ePayment, connect to them via the Network or enter the bank account information again