Trusted by global enterprises to streamline invoice presentment and payment acceptance, enabling CPG brands to improve cash flow and reduce billing complexity.
Trusted by leading companies worldwide
Proven outcomes from AI-driven EIPP solution for CPG finance operations.
- As reported by RedBull
CPG brands with large distributor networks can transition tens of thousands of customers to digital channels, reducing manual invoice requests and enabling self-service at scale.
- As reported by RedBull
A centralized payment portal enables distributors and retailers to pay invoices digitally, driving nearly $100M in annual digital payment volume.
- As reported by RedBull
By simplifying invoice access and payments for distributors, CPG companies can reduce payment friction and accelerate cash flow.
- As reported by RedBull
Automated electronic invoice delivery ensures distributors receive invoices instantly, supporting prepaid purchasing models common in CPG distribution.
Consumer Packaged Goods (CPG) companies operate across large networks of distributors and independent retailers, creating high volumes of invoices and payments. Manual invoicing, fragmented payment channels, and reconciliation backlogs slow collections and increase operational overhead. By automating the "delivery-to-cash" journey, CPG brands can transition from manual data entry to strategic financial management.
Eliminate the delays caused by fragmented payment channels like checks and ACH across thousands of independent retail locations. By providing a unified digital "front door," CPG brands consolidate diverse payment methods into a single, streamlined flow that accelerates processing and predictably lowers DSO.
Replace the heavy administrative burden of manual invoice delivery and constant "status check" inquiries. 100% automated electronic invoice presentment ensures instant delivery to the right contacts with real-time tracking, significantly cutting down on manual mailing costs and inbound support call volumes.
Resolve the reconciliation backlogs common with high-volume, low-dollar CPG invoicing that typically lock up cash. AI-driven matching engines automatically reconcile payments to invoices at the line-item level in real-time, clearing unapplied cash and freeing up millions in working capital for immediate reinvestment into production.
Remove the friction of blocked orders and the lack of transparency that stems from manual credit and payment tracking. A 24/7 self-service portal empowers distributors to view balances, download invoices, and resolve disputes independently, fostering a transparent and frictionless partnership built for scale.
Integrations
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.
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.
Explore IntegrationDeep integration with Oracle ERP Cloud and NetSuite to automatically transmit invoices to customers, capture payment confirmations, and reconcile transactions directly with your receivables ledger.
Explore IntegrationNative connector for Dynamics 365 to streamline invoice delivery, enable embedded payment options, and update payment and reconciliation statuses automatically within the ERP environment.
Explore IntegrationBuilt-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.
Explore IntegrationKnowledge Hub
Learn how automating invoice creation and delivery ensures compliance, reduces errors, and accelerates payments with real-time tracking.
Download NowSimplify 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.
Download NowAutomate invoice delivery, payment acceptance, and compliance with AI agents that route invoices across email, portals, and global networks.
Download NowElectronic 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.
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.
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.
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.
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.
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.
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.