SIPP is a fully integrated online Invoicing solution. IP Solutions uses the most flexible and versatile SIPP platform in the payments industry. It ensures merchants receive a fully tailored and integrated solution for an implementation fee that will see a very rapid return on investment. Features of the
SIPP platform include:
- - Integration support for most ERP and account receivable systems – upload files for presentment and download files for automatic payment reconciliation
- - Multiple business rules dynamically calculated – overdue fees, early payment discount, credit card surcharge etc
- - Statements and Invoices presented in the same format as current paper versions
- - Present all items to the customer – invoices, credit notes, adjustments, fines etc
- - Customisable workflow to align with business process and speed up the payment of invoices
- - Fully automated Dispute Management Module allowing customers to only dispute line items and not delay payment of legitimate line items – improving cash flow.
Past electronic billing solutions have incorporated two specific parties, the first being a document management organisation with the second being a payments provider. This old solution has seen many issues arise in the manner with how payment options are incorporated within the solution but more importantly how payments are reconciled and how business processes are altered to align with the receivables processes within organisations. An integrated solution removes this requirement.
Contact us now to discuss our Payment Process Review so we can show you how to significantly improve your billing and accounts receivables processing.