Possible Disintermediation: What Role for Banks in Electronic Invoicing (EIPP)?
نویسنده
چکیده
“Driven by a desire to get paid more quickly, companies are moving more of their invoices and payment to the internet. Businesses care more about faster cash flow than they do about cutting costs.” (GartnerGroup, 2001). Electronic Invoice Presentment and Payment (EIPP) is targeted to the needs of corporates and can be integrated with e-marketplaces and B2B financial settlement for bank-neutral global payment services. Its interactive approach to dispute resolution and robust payment options are critical if corporates are to secure the advantages of B2B marketplaces and straight through processing (STP). This research examines the possible role for banks in EIPP, and what might drive bank EIPP adoption. Case studies are examined from industry.
منابع مشابه
Using electronic invoicing to manage cash forecasting and working capital in the financial supply chain
Electronic Invoice Presentment and Payment (EIPP) can assist corporate treasurers in cash management and can be integrated with e-marketplaces and other B2B financial settlement activities. Its interactive approach to dispute resolution and robust payment options are critical if corporate financiers are to secure the advantages of B2B marketplaces and straight through processing (STP). Cash man...
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