Why Bill Connect Premium Should Be Your First Choice for Invoice-Driven Merchants

In our earlier post, we explained why NMI Bill Connect Premium, powered by Biller Genie, makes so much sense for merchants. Now, let’s talk about why it makes so much sense for ISOs and software companies. As invoice-based payments continue to evolve, the ability to move beyond basic enablement and into optimization is becoming a defining competitive factor. Bill Connect Premium sits squarely in that shift. It extends Bill Connect from a functional tool into a lever for differentiation, creating new opportunities to strengthen customer relationships, drive incremental revenue and position payments as a more embedded value-led part of your overall offering. For many partners, that changes the conversation entirely making Bill Connect Premium less of an upgrade and more the starting point for invoice-driven merchants. 

In this blog, we’ll take a look at three key ways Bill Connect Premium stands to improve your service offering, make you more money and keep your merchants around for the long run. 

Merchants are increasingly looking beyond point solutions in favor of more connected, end-to-end experiences that reduce complexity across their operations. Managing multiple systems, logins and providers is no longer just inconvenient, it creates friction that impacts efficiency, visibility and ultimately cash flow. 

Bill Connect Premium brings together invoicing, payment acceptance and reconciliation into a single, streamlined experience, enabling partners to offer a more complete and cohesive service. By automating key stages of the invoicing lifecycle and reducing manual intervention, it helps merchants operate more efficiently while removing many of the everyday pain points associated with invoice-driven payments. For ISOs and software companies, this moves the conversation from enabling payments to delivering a more integrated financial workflow, one that aligns more closely with how modern businesses expect to operate and makes it easier to compete against the big platforms.

Streamlining invoicing and payment is a big time saver and a critical part of improving merchant cash flow. But even with high-tech invoicing and a built-in payment button, customers might still choose another payment  method like a paper check or pay outside of your platform. Not only does that complicate things for your merchants, but every time an invoice is paid outside of your ecosystem, you lose out on the residuals from that external transaction.

Bill Connect Premium incentivizes customers to pay directly through the Bill Connect system by giving them a more frictionless payments experience. In addition to the payment button included in every invoice, customers can also use the Bill Connect customer portal to set up automatically recurring payments, and merchants can use saved cards to batch-process invoice payments invisibly in the backend, which is a huge time saver for customers buying repeatedly across multiple invoices.  

A more convenient, streamlined payments experience gives customers more reason to pay directly through Bill Connect, and that maximizes the number of processing opportunities you can take advantage of. That means Bill Connect Premium has a direct positive impact on your transaction processing revenue, on top of the revenue you collect for the extension itself. 

Cash flow is one of the most important aspects of small business success. But research from Intuit shows that, in the United States, 56% of merchants are owed outstanding payments worth an average of $17,500 per business. That’s a real problem, and one you can help solve. 

By automating more parts of invoicing and payments, Bill Connect Premium speeds up your merchants’ time-to-payment. With Premium, your merchants don’t need to worry about an invoicing schedule; they don’t need to track who owes them money and how late individual payments are; they don’t need to agonize over how and when to nudge customers; and and more automatic payments mean more of their money arrives as soon as it’s due, not 30 or 60 days later. The result is more consistent, timely payments and more overdue accounts closed with less fuss.

It can’t really be overstated how much faster time-to-payment and easier collection of accounts receivable benefit small businesses, and facilitating it makes you a more irreplaceable partner in their success. That strengthens your relationships, makes merchants stickier, stabilizes your portfolio and maximizes the lifetime value of each account. 

Bill Connect Premium is a powerful expansion on the standard invoicing solution your merchants already rely on, offering a more complete end-to-end solution. While Bill Connect enables invoicing and payments, Bill Connect Premium goes further by addressing the full lifecycle, from invoice creation through to reconciliation and cash flow optimizations. The additional value it delivers far outweighs the incremental cost, particularly for merchants looking to streamline operations and improve how they get paid. As a result, merchants already considering Bill Connect are often strong candidates for Bill Connect Premium, making it a natural starting point rather than a secondary upgrade.  

To find out more about how Bill Connect Premium can boost your monthly revenue while significantly improving your merchants’ invoicing experience, reach out to a member of our team today.