Automate Recurring Bill Pay With Corpay One (Formerly Roger)
In March, 2021, Roger officially became Corpay One. To learn more and understand the change, read this blog post.
Roger now gives you the option to automate payment of recurring bills, while keeping everything organized in your accounting system.
Roger already automates payment of one-off expenses, like an invoice from a freelance photographer for some new images they took or a catering bill.
Now, we automate payment of recurring expenses, like a monthly contract with a utility company. Typically, between 10 and 15% of the average organizations' expenses are recurring.
Take, for example, an organization that pays the same monthly price to a maintenance company for lawn care. There is a contract agreement for a year's worth of services, paid monthly at the same rate every month. The average cost of paying an invoice manually is $10.
Roger eliminates the added cost and headaches of manually paying the same bills month after month. Over the course of the year, that amounts to saving $120 - and that's just for one recurring expense!
If you're not already using Roger, you can click here to get started on a free 7-day trial.
In order to set-up a recurring payment, you need to add the original expense document manually. Once added, you can toggle on the "recurring" option.
Then, you select the billing interval so the payment will be made on the correct date.
You can also set an end date if, for example, this is a one-year contract with a company that will end after a certain period of time.
Roger will automatically upload and initiate each recurring bill 5 days prior to the due date specified in the Recurring Payment settings.
Recurring bill objects will not be created in accounting systems like Quickbooks and Xero, as this will create duplicates. Accounting systems like these auto-generate bills based on the recurring bill. Only the original bill will be created and synced to the accounting system, but subsequent payments will be reflected in your accounting system as they are paid every month, with the original invoice attached.
Roger is a global payments platform. Every invoice, bill and receipt submitted in Roger can be paid by one of the following methods:
Our Direct Pay program is the fastest, most cost-effective way to pay vendors. First of all, it's free! There is no cost to you when sending a Direct Pay payment. Plus, the payment arrives to your vendors instantly. The only cost is to your supplier when they process their payment with a terminal or credit card system.
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