Get paid with a click, not a check.
Online invoice payment accelerates the payment cycle.
Using EIPP Plus, you get your money as soon as your customer clicks “pay”.
Your customers log on to a secure area of your website, view their outstanding invoices or statements, access any supporting documents to answer questions they might have, then they pay with a click, not a check.
With that click, an electronic payment is credited directly to your corporate account, and your customer gets an immediate e-mail verification of payment. You receive a daily electronic reconciliation file that interfaces with virtually any A/R system.
Mistake-prone manual data entry is eliminated. There are no envelopes to open and no checks to process. You eliminate the most costly and error-ridden parts of the payment process, while accelerating cash flow by an average of four days.
Online Payment Benefits:
Get paid faster (reduce DSO)
State-of-the-art fraud prevention and security
Improved cash flow forecasting with visibility of future-dated payments
Hands-free accounts receivable reconciliation
Increased customer self-service options
Alternative payment options for your customers
Robust analytics will run standard reports to custom, field-specific inquiries
Reduced claims and exceptions
Online credit applications, to further reduce workload and expense