It's now easier for customers leveraging Bill Pay to pay multiple invoices at once. When paying a vendor, customers can select all the invoices they'd like to pay at one time, increasing the efficiency of their invoice management process.
Bulk Invoice Selection in Bill Pay
Auto-fill Invoice Fields using OCR for Bill Pay
Inputting invoices into Bill Pay just got more automated with the release of OCR technology in Divvy.
OCR technology helps streamline your invoice management process by reducing manual work required to prepare invoices for payment.
When you upload an invoice, Divvy will automatically make suggestions for important fields, like invoice number, amount due, due date, and invoice date.
Check out the following blog post for more information about OCR technology and how it can help save you time in your payment fulfillment process.
New and Improved Statements
Divvy customers can now view new and improved statements within Divvy! You can find your payment history, fee information and statements all in one place.
Any admin can find their statements within Divvy.
Each statement contains important information like your payment due date, all transactions in the period and any fees or adjustments on your account.
If your pay cycle is monthly, your statement will be available on your bill day. Otherwise, your statements will be available on the first of the month.
You’ll receive a monthly statement regardless of your pay cycle. You can access your statements at any time, and download them as PDFs.
Currently, there will only be statements as of October 2019, but we are working to retroactively populate historical statements.
For any questions, please contact your account manager or our support team.
Set Goals and Limits for your Budgets
At Divvy, we understand that adhering to budgets can make or break your business. That’s why, to help every customer spend smarter, we:
-Require you to set up budgets before you spend
-Give you controls and real-time visibility to end overspending
-Make it easy for budget owners to actually own their budgets
We've updated our existing Goals feature to work with Limits, a new feature that’s now live in the Divvy platform.
-Goal: A goal is how much you want your team to spend in order to keep your budget on target.
-Limit: A limit is the spend number your team can’t exceed and is only set by admins.
Once you set a goal in Divvy, use the Spend Chart and Snapshot features to track your progress throughout the month. We updated the colors in our Spend Chart to make it easier to see how you’re doing.
If you want to make changes or set new limits, go to Budget Settings and make adjustments. Your budget goal can never exceed your budget limit, and your budget limit can never be less than your budget goal.
Schedule Bill Pay Payments
Divvy customers leverage Bill Pay to stop physically cutting checks and increase their visibility into all kinds of spend in their business.
Now, you can schedule payments from within Bill Pay.
Simply choose the funding date, and we’ll wait to pull your funds and make the payment until the date you specify.
Multi Company Management
Many of our customers leverage Divvy as a core part of their strategy for managing multiple companies or entities.
With multi-company management, you can consolidate to a single Divvy login, and switch between companies without logging out.
Start using multi-company management today right from the settings section of Divvy.
Direct Budget Spend
Direct budget spend is a new way for budget owners to spend.
This is a new setting available on any budget, which allows your budget owners and executives to spend from the total budget amount, without divvying themselves money before being able to spend.
Reach out to your account manager to learn more.
Create custom fields
Have you ever wanted to require a note for transactions? Attach a piece of data? Add new properties to make reconciliation easier? With custom fields, you can!
Use custom fields to include: Selection, Text input, URL and Phone number.
You can also set permissions on custom fields, for example: Required by budget or amount.