AI-Powered Electronic Invoice Presentment & Payment Software

Achieve 100% Automated Invoice Delivery via 16 AI Agents

  • Reduction in DSO by 3 Days
  • Increase in E-Payment Adoption by 30%
  • Improvement in Team Productivity by 50%
  • Reduction in Payment Acceptance Costs by 80%


Try Interactive Demo

konica-logo

CUSTOMER SUCCESS STORY

$5.9 Million Saved in Credit Card Fees annually

Know How
red-bull-logo

CUSTOMER SUCCESS STORY

$93 Million Worth of Payments Processed Annually

Know How

Key AI Agents for EIPP Software

Additional Agents: Credit Card Processing | Autopay | AP Portal Invoice Upload | Email Invoice Delivery | Alternate Payments | Virtual Card Processing | EIPP eCommerce Plug-In | e-Adoption Campaign Management | Paper Invoice Delivery

AI-Powered Value Creation at 1300+ Enterprises

How Does Electronic Invoice Presentment & Payment Solution Work?

  • Smart Invoice Generation: Data is pulled directly from your ERP and used to create invoices using configurable templates.
  • Automated Portal Delivery: Invoices can be seamlessly posted to 100+ buyer portals and government systems via RPA, reducing manual effort.
  • Multi-Channel Presentment: Invoices are delivered through email (with real-time tracking), fax, or print, enabling faster customer payments.
  • Centralized Invoice & Payment Access: Buyers can view, search, and download invoices, statements, and supporting documents (POD, BOL, etc.) in one place.
  • Instant Online Payments: ‘Pay Now’ links enable buyers to pay immediately using saved methods or guest checkout, accelerating collections.
  • Automated Recurring Payments: Buyers can set up recurring ACH/eCheck auto-payments with configurable frequency and limits, reducing manual follow-ups.
  • Multi-Format, Multi-Region Support: Delivers invoices in PDF, XML, UBL, and other formats across regulatory jurisdictions.
  • Real-Time Portal Status Tracking: Monitors invoice submissions, acceptances, rejections, and exceptions across buyer portals.
  • Delivery & Engagement Analytics: Tracks email opens, failures, retries, and portal activity to improve payment follow-ups.
  • Targeted Adoption Campaigns: Launch segmented outreach programs that drive up to 30% growth in e-payment adoption, tracked in real time.
  • Unified Performance Dashboards: Monitor invoice delivery, open rates, portal engagement, and payment trends in a single view.
  • Audit-Ready Activity Logs: Maintain complete records of delivery channels, portal actions, payment history, and compliance events.

HighRadius is the ONLY Vendor named a Leader in all 3 major analyst reports for Accounts Receivable

Gartner logo 2024 Gartner Magic Quadrant
Hackett logo Digital World Class
idc logo IDC MarketScape Leader

Benefits of AI Agent-led Electronic Invoice Presentment and Payment Software

Electronic invoice presentment and payment (EIPP) software transforms invoice delivery into faster payments by combining intelligent automation, digital presentment, and embedded payment capabilities.

1

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.

2

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.

3

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.

4

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.

5

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.

6

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.

How Does EIPP Integration Work with Your Existing Systems?

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.

ERP Solutions

Ready to Connect HighRadius with Your ERP?

Download ERP factsheet

Must-Have Resources For Electronic Invoicing Software

Automating Electronic Invoicing

From Invoice Creation to Digital Payments

Discover how automation improves invoice delivery, buyer engagement, and payment visibility across channels.

Download Now
Whitepaper: Automating Invoicing

Streamline Invoice Delivery & Collections

Discover how finance teams cut OPEX by automating payment workflows inside NetSuite — without adding headcount.

Download Now
E-Invoicing Compliance Mandate

Beyond E-Invoicing Compliance

Understand how evolving mandates reshape invoice presentment and payment workflows across regions and what it takes to stay secure and compliant.

Download Now

What is Automated Electronic Invoicing Software?

Automated electronic invoicing software is a digital solution that automates the creation, validation, delivery, and payment of invoices. It enables businesses to generate invoices electronically, send them through email or customer portals, and collect payments online through integrated payment gateways.

Modern e-invoicing or EIPP systems support multiple payment methods such as credit cards, ACH transfers, and digital wallets while providing real-time visibility into invoice and payment status. By replacing manual, paper-based processes with automated workflows, an electronic invoicing solution helps businesses reduce errors, lower operational costs, accelerate payment cycles, and improve cash flow—especially for organizations managing high invoice volumes.

Automated credit scoring

With HighRadius Automated Invoicing Software, You Can Achieve

50% Increase in analyst productivity.
100% Automation of e-invoice delivery to customer
30% Increase in electronic payment adoption

What Customers Are Saying About Our E-Invoicing Software

Konica Logo
$3.5 Million Saved Through buyer portal adoption
Read More
Redbull Logo
$93M Payments Processed Annually With 100% global compliance
Read More
Addison Logo
2x Growth Achieved in 2 Years with AI powered invoicing automation
Read More

Manual vs. Legacy vs. Automated EIPP Software

Manual and outdated invoice presentment systems slow down collections, increase operational risk, and limit visibility. Modern automated EIPP platforms unify invoicing, payments, reconciliation, and ERP connectivity into a seamless digital experience that accelerates invoice-to-cash cycles and strengthens working capital.

Criteria Manual Invoicing & Payments Legacy EIPP Systems Automated EIPP Software
Invoice Creation & Delivery Paper invoices or emailed PDFs sent individually Basic electronic delivery; limited format support Automated, multi-format (PDF, XML, EDI) invoice generation and digital delivery
Invoice Presentment No centralized portal; customers rely on email or mail Static customer portal with limited functionality Interactive, self-service customer portal with real-time invoice visibility
Regulatory Compliance Manual tracking of tax rules and invoice regulations; high risk of non-compliance Basic compliance support; may struggle with evolving global mandates Built-in compliance controls for e-invoicing mandates, tax regulations, audit trails, and data retention requirements
Payment Options Checks, bank transfers processed offline Limited online payment methods Multi-rail digital payments (ACH, cards, wire, virtual card) in one platform
ERP Integration Manual uploads or batch entries Partial integration; periodic syncing Deep, real-time ERP integration for invoice, payment, and status updates
Bank Connectivity Manual bank reconciliation File-based bank uploads Secure bank integrations with automated payment confirmation
Reconciliation Manual matching of payments to invoices Semi-automated matching with exceptions handled manually AI-powered auto-cash and intelligent payment matching
Dispute Handling Managed via email threads and spreadsheets Basic ticketing or offline tracking Built-in dispute workflows with status tracking and collaboration
Customer Experience Delays, limited transparency Basic invoice viewing and payment Real-time tracking, automated reminders, and seamless digital experience
Reporting & Analytics Spreadsheet-based reporting Static reports with limited customization Real-time dashboards with cash flow forecasting and performance insights
Scalability Requires additional staff as volume grows Performance slows as volume increases Cloud-based scalability without increasing headcount
Security & Compliance Higher fraud and error risk Outdated security standards Enterprise-grade security, compliance controls, and audit trails
Impact on Cash Flow Slower collections, higher DSO Moderate improvement but operational bottlenecks remain Accelerated collections, lower DSO, and improved working capital

How to choose the Best Electronic Invoice Presentment and Payment Provider?

Selecting the right EIPP provider is critical for streamlining your invoicing and payment processes. Here are a few factors to consider:

Features Aligned to Your Needs

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.

Integration and Compatibility

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.

Scalability and Flexibility

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.

Security and Compliance

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.

Customer Support and Training

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.

ROI and Pricing Transparency

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.

Vendor Reputation and Reviews

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.

Value Creation

From Chaos to Cash: How Finance Teams Reclaimed Millions in 6 Months

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.

Book a Discovery Call
BSN Nidec

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