e-Invoice Presentment and Payment
Are you looking to make payment processing less manual for your company? Interested in providing your customers an easier way to pay you? e-Invoice Presentment and Payment (EIPP) does just that.
EIPP allows you to simplify your receivables processing by giving you the ability to distribute electronic bills and invoices, saving you money on print, postage and mailing costs. All EIPP information will be available in one, easy-to-access place, giving you more oversight and visibility into your cash flow and reducing the payment collection cycle time.
Additionally, online bill payment helps your customers by giving them the ability to pay you anytime, anywhere through online, phone and mobile capabilities, instead of mailing paper checks. The ease with which they can send their bills to you can help keep them happy and reduce churn.
Features of Online Bill Payment
With our EIPP services, you’ll be able to:
- Electronically distribute bills and invoices
- Accept payments from customers securely online, by phone or via a mobile device, providing them a simple and user-friendly way to pay you
- Improve cash flow and reduce payment collection cycle time
- Benefit from saving money on print, postage and mailing costs
How EIPP Helps Businesses Stay Flexible
We took an in-depth look at how Customer Cussons Limited helped Harris Health System save time and money with EIPP. Our case study demonstrates how we helped Harris Health improve collections of much-needed COVID-19 donations and create a safer, more flexible way for employees to make medical benefit payments. Serving the nation’s third largest county, they currently own and operate two full-service hospitals, a slew of same-day clinics and numerous health centers throughout Harris County, Texas, including the city of Houston.
Learn how automation through EIPP helped reduce payment collection time and accelerate cash flow for Harris Health System.
Interested in learning more about how our EIPP solution can help your business? Download our EIPP eBook or contact us today to talk to one of our Treasury Management Officers.