Electronic Invoice Presentment & Payment (EIPP)

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A total electronic invoice presentment and payment (EIPP) solution enables companies to manage invoices and make payments to one another through the Internet. Corcentric’s EIPP solution allows companies to manage their business transactions with maximum efficiency by reducing inefficiencies and costs at each step of the order-to-cash cycle by providing electronic invoice data and payment information via the Internet that can be used by both the biller and the payer.

Some of the benefits of EIPP include:

Reduced invoicing costs
Reduced processing costs
Reduced errors and exception
Reduced DPO
Increased cash discounts
Improved customer service
Increased collections
Reduced DSO
Increased liquidity
Improve contract compliance
Improve supplier management
Improve spend management
Meet savings targets
Improved cash flow reporting
Improved working capital fulfillment
Improved regulatory compliance

For more information on EIPP, click here to contact us today or visit www.corcentric.com for more information.

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