Float’s Bill Pay is the simplest way to pay company invoices, allowing finance teams to eliminate tedious AP processes and save time by processing payments faster. You can manage all your spending in one easy-to-use platform from Float Card transactions to processing those larger invoices.
Administrators can upload Bills to be paid directly in Float, use smart approval processes to make sure the right people sign-off, and schedule payments so your vendors are paid right on time.
How does this work?
- Capture: Upload bills and invoices at app.floatcard.com/accounts-payable or have them sent directly to Float using your custom forwarding address. Float uses advanced AI and OCR capabilities to automatically enter data from your invoice
- Approve: Set up custom approval workflows so invoices are approved by the right people in your org chart. Float uses multi-level dynamic approvals, and you can set up multiple types of approval policies for different types of bills.
- Pay: Easily schedule or initiate EFT, ACH, and Wire payments directly in Float.
- Close : Automatically sync Bills and Payments directly to QBO and Xero, or export a CSV to import directly to your accounting software. GL codes, Tax codes, and more are mapped to your Chart of Accounts in Float to be easily applied and synced.