Electronic Invoice Presentment and Payment (EIPP)
99.9% of all invoices paid through EIPP are processed automatically without human intervention.
Formally known as PowerTrack Payables, Electronic Invoice Presentment and Payment (EIPP) offers organizations a simplified accounts payable process that can grow as needs change. It offers maximum flexibility and choice, allowing you to select the level of payment automation that is right for your organization from payment to processing to financing:
- Pay Invoices. Simplify your payment and remittance processes and reduce cycle times by using EIPP to pay all your vendors.
- Process and Audit Invoices. Whether you receive paper or electronic invoices, we can help aggregate them all in EIPP.
- Finance Your Accounts Payables. Get the most out of your payment terms and working capital.
Organizations can automate any part of the payment process or combine all three to create an end-to-end solution that automates the entire accounts payable process. Depending on the level of integration you choose, EIPP can eliminate paper invoices, automatically reconcile invoices to orders and make payment to suppliers anywhere in the world.