Below is the flow your vendor will take when you invite them to receive payments electronically from you with a subscription-free Basic Receivables account.

• Benefits for your vendor signing up for a subscription-free Basic Receivables account
• When the vendor accepts your invite
• Identity verification

Benefits for your vendor signing up for a subscription-free Basic Receivables account

Basic Receivables accounts are completely free of transaction and subscription fees!

• Once they've successfully added a bank account, payments to them will be directly deposited
• They'll be able to manage multiple customers who use Bill.com or Bill.com to pay them all in one account
• They can explore the Network and connect with other customers using Bill.com or Bill.com
• Send eInvoices to you and other Bill.com or Bill.com users
• Receive documents in their Inbox
• Manage invoices and record offline payments
• …and more!

When the vendor accepts your invite

1. In the invite email, they select Accept Invitation and will be redirected to the Bill.com signup page
   
2. They'll then fill out some information about themselves and create a password, then select Create account
   • If you have already entered information on your vendor's record, some fields will be pre-filled
     
3. They'll then enter their mobile number for 2-step verification and select Send code
   
   • This is the number where we'll send a code to verify them when they log in, add a bank, or add users
     
4. They'll then enter the six-digit code we send them and select Submit
   
5. They'll then select their account type
   
6. Then they enter some information about
   • Their company and select Next
     
   • Or themselves and select Next
     
7. If they're with a business, they'll need to enter the company owner's information
   • This information is required by federal compliance laws
     
8. They'll then enter their bank account information
   • We'll send a test deposit of $0.01 (a penny) to verify their bank account
     

And that's it! Their subscription-free Basic Receivables account is ready to accept payments from you.

Identity Verification

In some cases, we'll need additional information to verify their account. If so, on the Overview page, they'll see an additional step to complete: Verify your identity to activate your bank account