Electronic Invoice Presentment & Payments
Solution for the Manufacturing Industry

Trusted by global enterprises to streamline invoice delivery and digital payments, enabling manufacturers to improve cash flow and reduce manual invoicing effort.

Trusted by leading companies worldwide

Loreal
Keurig
Resmed
DXP
Redbull
Bluelinx
Loreal
Keurig
Resmed
DXP
Redbull
Bluelinx

Business Outcomes

Real-world outcomes from AI-driven Electronic Invoice Presentment & Payment (EIPP) built for manufacturing and industrial operations.

9 Days

Reduction in DSO

- As reported by Konica Minolta

Manufacturers with complex dealer and distributor networks can accelerate collections by digitizing invoice delivery and payments, reducing Days Sales Outstanding by over a week.

$30 Million

Working Capital Unlocked

- As reported by Konica Minolta

Automating the invoice-to-cash cycle improves cash visibility and reduces payment delays, helping industrial companies unlock millions in working capital.

83%

Digital Payment Adoption

- As reported by Konica Minolta

High-volume manufacturers can transition their global customer base from paper checks to secure digital payment portals, significantly increasing digital payment adoption.

$5.9 Million

Credit Card Fee Savings

- As reported by Konica Minolta

Applying compliant credit card surcharges and enabling lower-cost payment methods helps manufacturers save millions in processing fees.

Gartner's rating
4.6 Rating

CUTTING NOISE. DELIVERING VALUE.

The only vendor to be recognized as a Customers' Choice in Gartner®
Voice of the Customer for Invoice-to-Cash Applications report

EIPP Solution Overview – Driven by Pain Points

Manufacturers operate across complex dealer and distributor networks, managing high-value invoices and payments at scale. Manual billing, fragmented payment channels, and security risks slow collections and increase transaction costs. AI-driven EIPP automates the payment lifecycle, enabling faster collections, lower processing costs, and secure digital payment experiences for global customers.

Paper-based invoicing and manual mailing often delay payments across dealer and distributor networks. Automated invoice delivery and digital payment options accelerate collections and help manufacturers reduce Days Sales Outstanding (DSO).

High-value B2B credit card transactions often result in significant processing fees. Automated Level 2 and Level 3 data enrichment helps manufacturers qualify for lower interchange rates, reducing payment processing costs.

Manual payment handling introduces security risks and PCI compliance challenges. Secure, tokenized payment portals ensure sensitive payment data never touches internal systems while maintaining full compliance.

Dealers and distributors often rely on finance teams for invoice copies and payment status updates. A 24/7 self-service portal enables customers to access invoices, track balances, and manage payments independently.

Pain point illustration

AI-Powered Value Creation at 1300+ Enterprises

ERP Capabilities

HighRadius integrates natively with leading ERPs to automate invoice presentment, enable electronic payments, and ensure seamless synchronization of invoice and payment data across your financial systems.

S

SAP

Seamless integration with SAP S/4HANA and ECC to automate invoice extraction, digital presentment, and real-time synchronization of invoice status and payment updates within your ERP.

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O

Oracle

Deep integration with Oracle ERP Cloud and NetSuite to automatically transmit invoices to customers, capture payment confirmations, and reconcile transactions directly with your receivables ledger.

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M

Microsoft Dynamics

Native connector for Dynamics 365 to streamline invoice delivery, enable embedded payment options, and update payment and reconciliation statuses automatically within the ERP environment.

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N

NetSuite

Built-in integration for NetSuite to automate invoice presentment and payment capture while ensuring invoice and remittance data flow seamlessly into the receivables and accounting modules.

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Must-Have Resources For Electronic Invoicing Solution

eBook

Automating Electronic Invoicing

Learn how automating invoice creation and delivery ensures compliance, reduces errors, and accelerates payments with real-time tracking.

Download Now
Template

Evaluating EIPP Vendors

Simplify vendor selection with ready-to-use RFP templates designed to help finance teams evaluate EIPP platforms and choose the right solution for invoice presentment and payments.

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Industry Report

AI-Driven EIPP Automation

Automate invoice delivery, payment acceptance, and compliance with AI agents that route invoices across email, portals, and global networks.

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FAQs: Electronic Invoicing Presentment & Payment Software

What is the difference between EIPP and electronic invoicing?

Electronic invoicing focuses on the digital creation, validation, delivery, and storage of invoices in structured formats such as PDF or XML to meet regulatory and tax compliance requirements. Its primary goal is to ensure accurate and compliant invoice generation and transmission.

Electronic Invoice Presentment and Payment (EIPP) goes a step further by combining invoice delivery with payment capabilities. It allows customers to view, approve, dispute, and pay invoices through a unified platform while providing real-time tracking, automated reminders, dynamic discounting, multi-currency support, and ERP and bank integrations.

HighRadius combines both capabilities in a unified platform for compliant invoicing and faster digital payments.

Why should businesses implement electronic invoicing payment presentment solutions?

Electronic invoicing presentment and payment solutions streamline billing operations by automating invoice generation, delivery, and payment tracking. This eliminates manual errors, reduces processing time, and improves overall efficiency. Businesses can send invoices in multiple formats across various channels.

EIPP software also integrates with payment systems, simplifying and accelerating the payment collection process. Moreover, these EIPP tools increase transparency, enhance customer satisfaction through self-service portals, and support targeted campaigns for e-adoption, ultimately leading to faster payment cycles and cost savings.

How can e-invoicing software help reduce operational costs?

By replacing paper-based and manual invoicing with automated workflows, e-invoicing software minimizes administrative overhead. It eliminates costs tied to printing, postage, and data entry, while reducing rework from misapplied or delayed payments, leading to significant savings in processing time and labor costs.

Which manual processes does the E-invoicing solution eliminate?

E-invoicing solution eliminates repetitive manual tasks such as paper invoice handling, data entry, invoice validation, routing for approvals, sending reminders, and manual payment matching. By automating these processes, businesses reduce errors, speed up invoice-to-cash cycles, and free up staff for higher-value tasks.

Which manual tasks does e-invoicing software automate?

E-invoicing software automates time-consuming tasks such as invoice creation, delivery via portals or email, payment collection, remittance capture, and reconciliation in ERP systems. It can also manage automated reminders and dispute routing, enabling finance teams to focus on strategic, high-value activities.

How to choose the best e-invoicing software?

When choosing e-invoicing software, look for automated invoice generation, multi-channel delivery, payment integration, real-time tracking, AI-powered compliance validation, and scalability. Ensure it supports compliance with regional regulations, integrates with your ERP or accounting system, and offers robust reporting and analytics for better financial management.

How much does an automated e-invoicing solution cost to implement?

The cost of an automated e-invoicing solution depends on factors like the number of invoices, features required, deployment type (cloud vs on-premise), and vendor pricing. Many providers offer scalable subscription models, which can start from a few hundred dollars per month for small businesses and increase based on enterprise needs.

Accounts Receivable Solutions

Accounts Receivable Software | Collection Software | Cash Application Automation | Credit Risk Management | Credit Management | Credit & Collection | EIPP | Electronic Invoicing | Invoice to Cash | Invoice Collection | B2B Payments | Order to Cash | O2C Analytics | Integrated Receivable | Deduction Management | Credit Application | Credit Scoring | Exception Management | Dispute Management | Trade Promotion | Dunning Management | Financial Data Aggregation | Remittance Processing | Collaborative Accounts Receivable | Remote Deposit Capture | Credit Risk Monitoring | Credit Decisions Engine

Accounts Payable Solutions

AP Automation | Invoice Processing | Invoice Scanning & Capture | Invoice Coding | Invoice Approval | Invoice Matching | Invoice Management | Supplier Management | Supplier Onboarding | Dynamic Discounting | Vendor Payment

Financial Reconciliation & Close Solutions

Account Reconciliation | Financial Close | Bank Reconciliation | Balance Sheet Reconciliation | Payment Reconciliation | Transaction Matching | SOX Software | General Ledger Reconciliation | Journal Entry | Variance Analysis| Financial Consolidation | Financial Reporting | Financial Reconciliation

Treasury & Cash Management Solutions

Treasury Management | Cash Flow Forecasting | Cash Management | Cash Flow Management | Revenue Recognition | Liquidity Management

Resources

Days Sales Outstanding | Collection Dispute Letter | Accounts Receivable Days Formula | Credit Dispute Letter | Accounts Receivable Days Outstanding | Accounts Receivable Collections | Accounts Receivable Report | Accounts Receivable Aging Report | Accounts Receivable Process | Credit Scoring Model | Dispute Management | Debt Collection Call Script | Credit Risk Management Techniques | Accounts Receivable Department | 609 Credit Dispute Letter | Order to Cash Automation | Collections Performance Metrics | How to Determine Credit Worthiness | B2B Credit Application | Credit & Collection Technology | Accounts Receivable Automation | Accounts Receivable Solutions | Electronic Invoicing Process

Ebooks, Templates, Whitepapers & Case Studies

Accounts Receivable Dashboard | Credit and Collection Goals | DSO Calculation Template | Accounts Receivable Aging Report Template | Business Credit Scoring Model | AR Aging Worklist Prioritization | Collection Email Templates | Strategies to Reduce DSO | Collection Maturity Model Template | Credit & Collection Email Templates | Credit Policy Sample | Credit Application Checklist Spreadsheet Template | Collection Email Automation with Excel