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Internet Payment Platform (IPP) Benefits

The IPP Will Provide Cost Saving Benefits For Both Agency And Supplier Users

The IPP solution is available at no charge

  • IPP implementation includes no fee based services, licensing costs, or requirements to purchase software or client hardware

The IPP reduces the cost, time and risks associated to paper-based processing

  • Eliminates overhead costs for paper, postage and extended mail routing
  • Replaces paper orders, invoices and remittance reports with online display
  • Supports shared view of change orders, invoice versions, attachments and comments
  • Supports online document creation from a primary document, including PO flip to Acknowledgement, Shipping Notice, Invoice or Credit memo.
  • Eliminates data entry steps by supporting digital file exchange between ERP systems
  • Replaces paper based controls with online audit trail and linked related documents

The IPP expedites invoice approval

  • Reduces the approval cycle and increases controls with online workflow processing
  • Increases supplier visibility to cash flow

The IPP enables Agencies to manage Prompt Pay Rules

  • Supports EFT payments only, encouraging suppliers to convert from check payments
  • Enables agency compliance with Prompt Payment business processes through invoice aging reports, configurable escalation strategies and Email alerts

The IPP is highly configurable, eliminating costs for customized implementations

  • Includes comprehensive set of functions to include as needed
  • Supports rules configuration for data entry or file upload

The IPP supports government data standards

  • A single standard for order, invoice and payment views reduces costs for file exchange and integration, as well as user training

   Last Updated:  Wednesday March 05, 2008

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