AI-Powered Electronic Invoice Presentment & Payment Software
Accelerate Cash Flow with 15+ dedicated AI agents
- 30% Increase in E-Payment Adoption
- 20% Reduction in DSO Through Faster Payments
- 50% Improvement in Team Productivity
Accelerate Cash Flow with 15+ dedicated AI agents
Result: A leading sports equipment distributor achieved a 4× increase in customer e-payment adoption.
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Result: A global manufacturing leader saved $2.2M in credit card fees using AI agent.
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Result: A top sports equipment distributor saved $154M in interchange fees.
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Result: A global manufacturing leader saved $5.9M annually in credit card fees.
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Result: A leading service provider achieved 75% fully automated ACH transactions.
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Additional Agents: Paper Invoice Delivery | Virtual Card Processing | Recurring Payments | Surcharge Compliance | Past Due Analysis | Dispute Approval
Electronic invoice presentment and payment (EIPP) software transforms invoice delivery into faster payments by combining intelligent automation, digital presentment, and embedded payment capabilities.
Accelerate Cash Flow with Automation
Streamline invoice presentment, reminders, and payment tracking with AI-driven automation. By reducing manual touchpoints and shortening payment cycles, organizations have achieved up to a 20% reduction in DSO through faster digital payments.
Increase in FTE Productivity
Reduce time spent on manual invoicing, delivery, and routine administrative tasks. With automated reminders and self-service portals, teams can focus on higher-value activities, driving up to a 50% improvement in productivity.
Drive Digital Payment Adoption
Encourage digital payment adoption through targeted outreach and intelligent segmentation. With automated campaigns and engagement tracking, organizations have achieved up to a 30% increase in e-payment adoption.
Scale Globally with Ease
Support cross-border invoice presentment with localized payment methods and multi-processor flexibility. With support for 30+ currencies and 40+ processors, our platform is designed for global growth.
Deliver a Seamless Customer Experience
Provide buyers with self-service portals and multi-channel payment options. Customers can choose preferred payment methods and access invoices in real time, improving satisfaction and increasing on-time payments.
Lower Operational Costs
Automation replaces repetitive manual tasks such as invoice creation and data entry. This reduces processing costs and human errors while allowing finance professionals to focus on analytics and strategic decision-making.
The HighRadius EIPP system streamlines your invoicing and payment processes with seamless integration across 110+ banks, 40 credit agencies, 50+ ERPs, and 15+ billing systems globally. This extensive compatibility eliminates complex customizations, ensuring quick deployment and lower IT overhead.
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Discover how automation improves invoice delivery, buyer engagement, and payment visibility across channels.
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Discover how finance teams cut OPEX by automating payment workflows inside NetSuite — without adding headcount.
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Understand how evolving mandates reshape invoice presentment and payment workflows across regions and what it takes to stay secure and compliant.
Download NowElectronic Invoice Presentment and Payment (EIPP) software is a digital solution that enables businesses to present invoices to customers electronically and receive payments online. The EIPP solution streamlines the traditional invoicing process by automating invoice generation, delivery, and payment.
A robust EIPP system typically includes features like automated invoice creation, electronic delivery via email or customer portals, and multiple online payment options such as credit cards, ACH transfers, and digital wallets. By leveraging EIPP tools, businesses can reduce the time and cost associated with paper-based invoicing, minimize errors, and improve cash flow through faster payment cycles.
Built on the EIPP cloud, the system provides real-time tracking and visibility into invoice and payment status, enhancing overall financial management. Electronic invoice presentment and payment solutions are particularly beneficial for businesses handling high invoice volumes and seeking an efficient, scalable invoicing platform.
Selecting the right EIPP provider is critical for streamlining your invoicing and payment processes. Here are a few factors to consider:
Before comparing solutions, define your business requirements. Then evaluate if the EIPP solution supports the features you need, such as automated invoice generation, real-time payment tracking, customer self-service portals, or integration with your existing ERP and accounting systems. Consider advanced features like dynamic discounting, automated reminders, and multi-currency support if you operate globally.
The EIPP platform should integrate seamlessly with your existing technology stack, including ERP systems, CRM platforms, and payment gateways. Ensure the provider offers robust APIs and pre-built connectors for smooth data exchange and minimal disruptions. Strong integration ensures real-time data synchronization, minimizes manual intervention, and creates a single source of truth across finance operations.
Choose a solution that can scale as your business grows. The provider should accommodate increasing invoice volumes, additional users, and new market expansions without needing frequent upgrades. Flexibility in pricing models is also crucial to align with your cash flow.
Ensure the provider adheres to industry standards for data security, including PCI-DSS, GDPR, and SOC compliance. Features like encrypted data transfer, role-based access controls, and regular security audits are essential to protect sensitive information.
Strong customer support, including 24/7 availability and quick resolution times, is crucial. Check if the provider offers training for your team and comprehensive onboarding to maximize the solution's benefits.
Analyze the return on investment (ROI) by considering how much time, cost, and effort the platform saves compared to manual processes. Avoid providers with hidden fees—ensure pricing models are transparent, covering setup, transaction, and maintenance costs.
Research the provider's reputation in the market by checking reviews, case studies, and references. Opt for a vendor with proven expertise in your industry and a strong track record of delivering reliable EIPP solutions.
Legacy electronic invoice presentment and payment platforms often lack the advanced capabilities needed to run effective invoice campaigns and drive customer adoption. They struggle to support self-service portals, handle complex B2B transactions, and scale without incurring additional costs.
Traditional EIPP systems do not offer robust campaign management or tracking metrics like link clicks and customer enrollments. This leaves teams reliant on manual marketing efforts, reducing the effectiveness of self-service portals and leading to poor adoption rates.
Many businesses require suppliers to upload invoices directly to AP portals. Legacy platforms lack built-in automation for this process, forcing reliance on third-party tools like UIPath or BluePrism. This adds complexity, increases error rates, and drives up IT costs.
Level 3 transactions, important for large B2B purchases, require detailed reporting to reduce processing fees. Traditional EIPP platforms often lack native support, necessitating costly customizations and third-party integrations. Maintaining these integrations increases operational burden and reduces ROI.
As businesses expand globally, they need EIPP tools that support modern payment options like PayPal or Alipay alongside credit cards and ACH. Legacy platforms often accommodate only basic payment methods, making it harder to meet customer expectations and slow down payment cycles.
Implementing a modern EIPP solution addresses these challenges by automating invoice delivery, enabling self-service portals, supporting Level 3 transactions, and offering multiple global payment options — all while reducing errors, IT overhead, and operational costs.
Leading finance teams are transforming invoice presentment and payments with EIPP software powered by AI agents. This unifies invoice delivery, payment tracking, validation, and exception handling into a single intelligent workflow. The result? Faster invoice processing, quicker payments, and millions in early cash unlocked within six months.
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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.
EIPP system cuts operational costs by automating manual tasks such as data entry, invoice generation, and document handling. This reduces the need for extensive administrative work, as a result, businesses can achieve significant efficiency gains and reallocate resources to more strategic initiatives.
With features like self-service portals and online payment options, companies can eliminate printing, mailing, and paper storage expenses. Additionally, faster processing times minimize the risk of late fees and improve cash flow, leading to significant long-term savings.
Electronic Invoicing digitizes the creation, delivery, and storage of invoices, replacing paper processes with electronic formats like PDF or XML. EIPP, or Electronic Invoice Presentment and Payment, goes a step further by also enabling customers to view, approve, and pay invoices online.
While electronic invoicing ensures efficiency in generating and sharing invoices, EIPP integrates the payment cycle, offering features like automated reminders, payment tracking, and customer self-service portals. EIPP platforms also support real-time updates and advanced functionalities such as dynamic discounting and multi-currency transactions, making them a comprehensive solution for managing both invoicing and payments.
