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Success Stories
Federal agencies can realize substantial savings by adopting IPP. IPP saves taxpayer dollars through more efficient invoice processing, and helps federal agencies avoid Prompt Payment penalties and capture early payment discounts. IPP also makes it easier for vendors to do business with the government.
Read the success stories below for specific examples of how IPP has benefited agencies.
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Bureau of Engraving and Printing Since going live with IPP in November 2007, the BEP has experienced significantly fewer disputed invoices and freed up resources to focus on other operational tasks. Before using IPP, it cost the BEP $95 to process an invoice. Today, it costs $35—a 63 percent cost savings. |
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Bureau of the Public Debt "The people at IPP are very open to receiving feedback and work very hard to implement improvements. It’s nice to have such open lines of communication." |
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Crane & Company Since enrolling in IPP, Crane & Company improved the accuracy of its payments and reduced the time it takes to reconcile payments from government customers with individual invoices by three to four days. It also reduced postage costs by sending invoices electronically. |
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