The U.S. Department of the Treasury estimates that by adopting IPP, the federal government can reduce the cost of entering invoices and responding to invoice inquiries by $450 million annually. One federal agency reduced the cost of processing undisputed and disputed invoices by 46 percent and 54 percent, respectively.
IPP adoption brings many benefits to federal agencies. It saves taxpayer dollars through more efficient invoice processing, improves financial management and makes it easier for agencies to conduct business.