There is now considerable interest in EIPP (Electronic Invoice Presentment and Payment) solutions as more
and more businesses make the switch to sending and receiving electronic documents. According to research
carried out by professional services firm, Deloitte, 37% of businesses were looking to introduce electronic
invoicing in the next 12 months. In this article we aim to answer some of the most frequently asked questions
about EIPP. By explaining various elements of EIPP we will show how the Accountis solution can eliminate
perceived barriers to making the transition and help your business proactively embrace EIPP.
We will look at the costs involved in adopting EIPP and cost savings in comparison with a paper based system.
We will also look at electronic document security and how Accountis have adopted the highest security
standards for sending documents over the Internet. Uncertainty over compliance with VAT rules is alleviated
and an explanation of how easily Accountis can integrate with existing systems is given. Finally, we tackle the
customer issue, explaining how the Accountis system can help you and your customers comfortably manage the
transition phase towards a fully electronic system and affirm how EIPP can ultimately strengthen customer
relationships.