As the name implies, Billeo is an online service focused on electronic bill payments but it also offers a host of other financial tools. First and foremost, Billeo is a way to pay your paper bills (utilities, cable, cell phone, etc.) using a single, online dashboard. While many companies offer their own dedicated online bill payment option, it can be a hassle to access each website separately. Billeo makes sure that you get your payments in on time and saves you the hassle of mailing bills or writing checks.
Billeo’s Toolbar could almost be seen as a form of artificial intelligence. Users download the application and use it to pay bills each month. The toolbar then learns the user’s spending habits in order to alert the user of payments in the future. Additional features include auto form filling at online stores and automatically saving receipts for purchases. While online stores may save your info via cookies, it is helpful to have these purchases recorded in one place to get a full assessment of your finances.
Similarly, Billeo can help users log into websites via a password assistant – by keeping a record of all website passwords. Again, most web browsers have a password reminder function, but users may be worried about the security of storing passwords in this manner, so doing it through Billeo is more convenient and more secure.
One of the best features of Billeo is the ability to track payments and view expense reports. In this day and age, this is enormously important – not only for keeping your credit rating in check, but making sure you don’t overspend and, ideally, saving money every month. By simplifying bill payment, Billeo can simplify budgeting so that you save money every month, or put more money towards credit card debt – or whatever the case may be.
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