Day: April 13, 2006

It is worth understanding what EIPP (or e-invoicing) means if you are thinking of stream-lining your Accounts Payable (A/P) and/or Accounts Receivable (A/R)function(s). Unfortunately, Wikipedia does not have a definition or information on EIPP or e-invoicing yet. Google search defines EIPP as follows: Electronic Invoice Presentment and Payment (EIPP). EIPP refers to the invoicing and payment process between businesses, or B2B applications, over the Internet and typically via a third-party EIPP vendor. See EIPP under Technology in the Main Topics section. EIPPis an American term now used in UK and stands for Electronic Invoice Presentment and Payment. Its definition includes…