Electronic Invoice Presentment and Payment (EIPP)

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Electronic invoice presentment and payment which is also abbreviated EIPP is a license and procedure used by a company to create invoices and be paid for such invoices over the internet known as EIPP. For many companies, the presentation and payment in advance take a lot of time. Where the company takes care of invoices, the time it takes to handle the necessary paper documents, too much human error that results in disputes, the need for reconciliation of documents from others, lack of transparency of cash flow while goods are on the go. This can result in less necessary cost savings. Better cash flow, customer service, and data quality, along with reducing processing costs, are the main reasons companies are

Reference:   2015_Book_ElectronicCommerce.pdf (ukh.ac.id) (Book)http://eprints.ukh.ac.id/id/eprint/192/1/2015_Book_ElectronicCommerce.pdf

turning to EIPP.