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Electronic Invoice Presentment and Payment (EIPP)

An online facility for seamless transactions between the merchant and buyer that processes invoices for immediate order processing.

Features:

  • Electronic Purchase Order and Invoice creation - purchase orders are created and sent to sellers online
  • Varied disbursement options - eSettle and Cheque Prepare facilities are readily accessible as settlement options
  • Efficient dispute management - transaction disputes can be negotiated and managed online

Benefits:

  • Improve inventory management - stay posted on inventory status to manage product records
  • Manage payables effectively - automate monitoring of invoices due
  • On-time payment - receive collections via real time fund transfer or check payment

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