Integrated Receivables For Financial Institutions

EIPP/EBPP

  • E-billing and Payment Software for Low-Cost Invoicing and Payments via ACH and Credit Cards

Solution Overview

  • Enabled by the radiusOneTM Supplier-Buyer Network
  • HighRadius Electronic Invoice Presentment and Payment (EIPP) Cloud enables suppliers and buyers to collaborate on invoicing and payments over a single platform.
  • EIPP/EBPP Cloud provides a self-service customer portal to bring buyers and suppliers on a single network to eliminate complexity in managing credit-to-cash for a large customer base.
  • Supports multiple invoice formats and different modes of transmission (fax, email, print and mail).
  • Rich search capability enables efficient storage and retrieval of past invoices.
  • Results in faster invoicing and payment collection, better customer service, profitability and cash flow.

Key Features

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Self-service Customer Portal

Enable customers to access all of their invoices and account statements, create disputes, and make payments via ACH or credit cards through a single portal.

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Invoicing across Email, Fax, Print & Mail or Third-Party Websites

Automate the delivery of invoices and account statements through email or fax or push the information to customer portals and third-party websites. Also, leverage print and mail at competitive pricing.

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Receive Payments with ACH, Credit Cards and e-Checks

Helps your customers collect incoming payments in multiple formats including ACH, Credit Cards, Prepaid-Cards, Virtual Cards, and e-Checks

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Level-III Interchange and Convenience Fees

Process credit cards at lowest possible interchange rates through leveraging Level III Data by integrating your customer ERP with the processor and bank of their choice through EIPP Cloud.

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Scheduled, Recurring and On-Account Payments

Schedule payments for future processing, leverage direct debits for recurring payments, and enable your customers to receive lump sum payments from accounts.

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Dispute Management

Enable customers to receive details and supporting documents for claims. Allow them to upload documents including proof-of-delivery, bill-of-lading, and other shipping documents along with the invoice to prevent invalid deductions.

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Resources

Webinar

How Reckitt Benckiser Minimized Invoicing Costs and Improved Invoice Delivery Time

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Datasheet

Datasheet: EIPP Cloud

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