Burning check stock. Increasing capacity by 25%. Creating “superglue” to retain clients. These are all results that family and multi-family offices have cited for automating accounts payable with BILL.
Manually managing bill pay for ultra-high-net-worth (UHNW) and high-net-worth (HNW) clients comes with challenges. Checks and spreadsheets can slow down payments. It’s also difficult to create standardized, efficient processes, and have tight controls in place.
Here, we ask three wealth management organizations to share how BILL has transformed bill payment for them.
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