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Overview:

The purpose of this document is to provide an objective, educational tool on Internet-based Electronic Invoice Presentment and Payment (EIPP) in business-to-business transactions. It is intended to help businesses understand the different approaches available, or emerging, in the market today. The authors believe that broader understanding will drive adoption of EIPP.

While some larger businesses have used Electronic Data Interchange (EDI) to automate business processes, the costs are prohibitive to many companies. The Internet is emerging as the venue for non-EDI businesses to automate inter-company transactions. Electronic Bill Presentment and Payment (EBPP) – the business-to-consumer (B2C) process by which bills are presented and paid through the Internet – is gradually becoming a standard tool for companies that regularly bill large numbers of individual consumers.

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Format:PDF
Date:Jan 2001
Pages:25

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