Day: February 21, 2007

Here is the full story from Accountis’ blog (uncut): We recently carried out a short e-invoicing survey on behalf of one of our clients. Out of about 400 potential suppliers interviewed the vast majority were very keen to adopt EIPP and make the switch from paper to electronic to receive e-purchase orders and send e-invoices. We spoke to key decision makers on e-invoicing, mainly Finance Directors, and most of them were aware of the benefits associated with e-invoicing and were happy to start sending e-invoices if requested to do so by one of their customers. Despite an overall positive response,…

EIPP (Electronic Invoice Presentment and Payment) is not part of EBPP (Electronic Bill Presentment and Payment), nor is EBPP part of EIPP. It is wrong to generalise. The term "bill" is used within the B2C context (requiring very little information on consumer, if any) whilst the term "invoice" is used within the B2B context (requiring details of the buyer – satisfying legislation such as EU Invoicing Directive). If you are looking to generalise, then use the term ExPP, as has done successfully by Bruno Koch of Billentis in promoting ExPP Summits for the last few years. My previous attempts to…