Payhawk Bills gives companies the option to pay outstanding invoices directly from the product. That way the organization has a holistic view of its payments as it combines card, cash, and bank payments in a single process.
Here's how it works:
Log into your Payhawk account & go to your Expenses tab
Navigate to the + button to create an expense
Select bank expense to upload one or multiple invoices
Select the bill you want to pay
Check and make sure that all expense information is correct
Mark the expense as reviewed
Click on the Pay button
Payhawk extracts and pre-fills all the needed information: Supplier name, IBAN, SWIFT/BIC, Payment reference, and amount (or sort code and account number for payments in GBP)
For GBP invoices, we use Faster Payments as a payment method.
For EUR invoices, we use SEPA and SEPA Instant.
Next, you can continue by clicking on Pay
You will receive a confirmation request in the Payhawk application.
You can proceed by clicking on Confirm.
Once confirmed from the mobile, the expense automatically changes its status to Processing.
Once it is processed by the bank, the status will change to Paid
Payhawk saves the payment information (IBAN, Reference, Date, and Payment source) and provides it for you in your export file.
It's time to leave your online banking and start paying your bills the smart way.
If you need help or have any questions, don't hesitate to reach out directly.
Just click on the chat icon in the bottom right corner and a member of our team will be with you in a minute!