Business owners and accountants can use this quick checklist to see whether Forwardly is a better fit than QuickBooks Bill Pay for a business.
Speed and flexibility
- You need same-day, next-day, or instant bank payments
- You want to choose payment speed on a per-payment basis
- Waiting several business days for standard ACH causes issues
- Your team spends too long on manual bill payment input
- Your business wants a dedicated bills inbox
Control and approvals
- You need approval policies based on dollar thresholds or specific vendors
- Different team members need different payment permissions
- Certain bills require multi-layered approvals
- You need an audit log that shows who approved and when
- You want to work with an app that is SOC 2 Type II certified
Cost transparency
- You prefer per-payment pricing over high monthly or annual subscription fees
- You want clear fee caps based on payment speed
- You want the option to pass processing fees to vendors or clients
Vendor and client experience
- Vendors ask for faster payment options
- You want fewer checks and fewer payment follow-ups
- Payment confirmations and timing matter to your vendors
- You want to avoid handling sensitive banking information for clients and vendors
Accounting workflow
- You still want bills tracked in QuickBooks Online
- You want payments to sync back automatically for reconciliation
- You’re open to paying bills outside QuickBooks Bill Pay while keeping your books accurate
- You want access to Forwardly's unique 4-way Forwardly Business Network sync
Growth and scale
- Your payment volume is increasing
- You manage payments for multiple entities or clients
- Your current bill pay setup feels limiting as your team and business grows
- You're an accountant, advisor, or CFO diversifying your client portfolio and need a solution that will serve all leading accounting and ERP alternatives
If you're checking many of these boxes, it might be time to speak with our team and get started with faster payments on Forwardly.