Electronic Invoice Presentment & Payments
for the Healthcare Industry

Trusted by 1,300+ global enterprises to automate invoice delivery and digital payments, enabling healthcare companies to reduce processing costs and enhance billing efficiency.

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 the complex requirements of healthcare and medical services.

3 Days

Reduction in DSO

Accelerating the collection of patient balances and insurance co-pays through instant digital presentment helps healthcare providers reduce Days Sales Outstanding.

80%

Reduction in Payment Costs

Transitioning from manual, paper-based billing to automated digital payment channels eliminates processing overhead and significantly reduces payment costs.

50%

Increase in Team Productivity

Automating reconciliation and reducing billing inquiries allows finance teams to spend more time on strategic revenue cycle activities.

100%

Automated Invoice Delivery

Digital-first delivery ensures patient statements and insurance claims reach the right portals instantly, eliminating delays caused by physical mail.

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

In the healthcare industry, managing a high volume of complex patient bills and insurance claims often leads to massive administrative backlogs and high processing costs. By automating the payment lifecycle, healthcare providers can eliminate the friction of manual collections, protect sensitive financial data, and provide a transparent, self-service experience that improves patient satisfaction.

Traditional paper-based billing and manual payment processing delay collections across healthcare networks. Digital invoice presentment and integrated payment options accelerate payment cycles and help stabilize revenue operations.

Manual billing workflows and high transaction fees increase the cost of financial operations. Automated invoicing and Level 2/3 data enrichment help healthcare organizations significantly reduce payment processing expenses.

Limited visibility into billing and payment status often creates unnecessary support inquiries. A 24/7 digital portal enables stakeholders to access invoices, review balances, and manage payments independently.

Reconciling high volumes of payments and remittances can create operational bottlenecks. AI-driven matching automatically reconciles transactions at the line-item level, improving accuracy and reducing manual reconciliation effort.

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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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