|Description||Group Finances Made Easy|
Billhighway is a cloud-based system designed for non-profit organizations that combines payment processing, banking and accounting solutions together in one system allowing for straight-through financial processing. With the time, money and resources you will save by using Billhighway, youâ€™ll be able to spend more time advancing your non-profit organizationâ€™s mission rather than managing your finances.
As a single, integrated platform, the Billhighway system enables straight-through processing of all financial aspects of a transaction. For your organization, this means significant reductions in the time lost on inefficient processes, and better data for tactical, operational and strategic decision-making.
Billhighway’s financial solution consolidates multiple local bank accounts into a single operating account, using multiple virtual accounts. This simplified approach allow funds to be routed directly to cash accounts in real-time, creating separate accounts for national and local revenue centers, supporting native A/R and A/P functions.
The platform was designed for due & fee based organizations, such as non-profits and is configured to match the organizations specific accounting structures (Chart of Account, Cash vs. Accrual, etc.). Billhighway meets Generally Accepted Accounting Principles (GAAP) to enable successful annual audits and offers tools for budgeting and success planning.
Improving your group’s financial health and operational efficiency is what we are all about.