The Bank of America has updated its web-based services to allow small business owners to manage invoices and pay vendors online.
Among the newly implemented features small business owners will be able to generate invoices using a range of templates and manage outstanding invoices with automatic email payment reminders.
As well as this they will have the ability to make online deposits, view accounts for multiple related business entities and integrate with QuickBooks and Quicken, for other accounting services.
Bank of America designed these tools to provide a constantly evolving set of internet-based solutions for small business owners, explained Joe Helweg, Small Business e-Commerce executive, at Bank of America.
Our enhancements are all designed and implemented to help free up our customers’ time and enable them to focus on the core nature of their businesses. Small business owners told us they want to be able to handle more of their financial management needs for their businesses online, securely and quickly, and we’re delivering.