Single process site automates vendor payables

Another of the single process business software sites I have come across is Bill.com.  Created by the former founders of Paycycle.com, the service automates the process of paying vendor payables.  Information on the product can be seen here.

The product essentially allows you to email or fax a scanned copy of your vendor bill into a specific drop-box for your account.  Once online, you categorize the expense and add a due date.  When the due date approaches, a notification is sent to you to approve paying the bill.  Once approved, the bill is deducted from your bank account and mailed by the service to the vendor.  Prices begin at $24.99 a month and the service prepares entries for download into Quickbooks or Intacct.

Tax time is also made easy by having all source documents available online for audit.

This is another example of taking a singular process and perfecting its workflow with automation.  Rather than reinventing the accounting process, this company has identified a specific area of concern in accounting and focused on creating a workflow process for SaaS that perfects it.

Tax time receipt help

Found a terrific program for those of you who have to keep tabs on deductible items for either home offices, consultants or perhaps for self-employed or non-reimbursable expenses and is an excellent example of a singular process business concept. The product is called Shoeboxed and information for the program can be found here.

Generally the product allows users to receive a postage paid envelope with which to insert receipts and then forward on to the company.  The service then scans the receipts and lists some basic information.  The user has control over tagging the receipts and categories as well as basic reporting.  Others, such as your CPA can have access to the files to view for tax information or you can download basic reports in Excel to print out for tax time.  Audit in this case also becomes a breeze.  Mobile users can also access via iPhone app or other mobile phone app.  Business accounts run $49.95 per month and personal accounts $9.95 to $19.95.  A free self scanning option is available with free trials as well.

Program video shows a nice clean interface with easy and logical user experience.

Singular process examples

Am currently working on identifying quality singular process type applications on the web. By singular process I mean programs dedicated to one singular business purpose. Most will be around accounting topics, but I hope to find other SaaS companies that illustrate the concept of modular direction.