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Electronic billing or electronic bill payment and presentment, is when a seller such as company, organization, or group sends its bills or invoices over the internet, and customers pay the bills electronically. [1] This replaces the traditional method where invoices are sent in paper form and payments are done by manual means such as sending ...
Electronic bill payment is a feature of online, mobile and telephone banking, similar in its effect to a giro, allowing a customer of a financial institution to transfer money from their transaction or credit card account to a creditor or vendor such as a public utility, department store or an individual to be credited against a specific account.
QuickBooks is an accounting software package developed and marketed by Intuit. First introduced in 1992, QuickBooks products are geared mainly toward small and medium-sized businesses and offer on-premises accounting applications as well as cloud-based versions that accept business payments, manage and pay bills, and payroll functions.
[citation needed] He wanted a programmer for a planned home bill payment and bank reconciliation program. Proulx [ 5 ] was the first person Cook met and subsequently co-founded Intuit. Proulx was the first programmer of the first version of Quicken , and the first Apple and Radio Shack versions.
Great Plains Software, Inc. was an accounting software company located in Fargo, North Dakota, whose products focused on small to medium-sized businesses. [2] It was founded in 1981, [3] went public in 1997, [4] and was sold to Microsoft in 2001.
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Quicken is a personal finance management application originally developed and offered by Intuit, Inc. Intuit sold Quicken to H.I.G. Capital in 2016, [1] and H.I.G. sold Quicken to Aquiline Capital Partners in 2021. [2] Quicken runs on Windows and Mac systems, though the data is incompatible between the two versions.