E-Invoicing – EIPP for Financial Institutions

June 8, 2010 - PRLog -- E-Invoicing solutions experts, Accountis have a proven track record in delivering white labelled, bespoke EIPP services to banks and financial institutions with industry leading, flexible and innovative features. EIPP services help banks to maintain a competitive edge by using a trading network to offer flexible E-Billing services to its customers.

Complete EIPP packages include full Accounts Payable automation and Accounts Receivable solutions which aim to cut the amount of paper-based manual invoicing, helping to eradicate carbon footprints and human error that inevitably occurs.

Subscribers to a complete EIPP package will also receive Paper to Data imaging, enabling businesses to scan their paper-based invoicing into an electronic format that is easily archived. Businesses will also be privy to a vast E-Invoicing (http://www.accountis.com/e-invoicing/) network of corporate users, allowing them to deepen and enhance business relationships and find it easier to cross-sell additional, high-value services.

It is vitally important that a bank or financial institution integrates strongly with its customer’s finance process as this encourages loyalty and increases retention further down the line – helping to develop deeper, more profitable business relationships.

There are a number of benefits from joining an existing global E-Invoicing network, helping to overcome issues such as the integration of new technologies. With increased cash-flow visibility, lower operating costs and more EIPP is the most simplistic method to converge all E-Billing processes in an efficient, greener manner.

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Accountis Europe Ltd is an international provider of e-invoicing (http://www.accountis.com/e-invoicing/) and payment services including Bacstel-IP, direct debit and direct credit management, account validation and SWIFT.

Founded in 2002, Accountis became part of the Fundtech group in early 2008 and processes over 1 million transactions every day. The Accountis trusted transaction network is used by many of the World's largest corporations to leverage existing systems and maximise efficiencies across the financial supply chain.