Electronic Invoice Presentment and Payment (EIPP) allows your company to present billing information online, without the hassle of preparing, printing, sorting, mailing and following status of paper invoices. All your customers can review and process their bills online.

Using the InoviumPay you can streamline your invoicing and cash collection processes with electronic delivery and settlement.

How Easy it is to Electronically Invoice with InoviumPay?
With Inovium Electronic Funds, online payment becomes quick and easy for both you and your customer. We offer online payment initiation, including partial payments. The EIPP process is very cost-effective:

Savings -$9.85 or 68.5% potential savings

Creating electronic invoices
Import flat files containing your customers and invoices from your accounting system. You can put your logo on the electronic invoice and also include descriptive files. The invoices are automatically delivered to your customers via email. This step replaces the time-consuming process of printing paper invoices, stuffing them into envelopes, addressing the envelopes, adding stamps and taking them to the post office.

Customer's online payment options
Your customers view the electronic invoice and have the option of making online payment by check or credit card or printing the invoice and mailing a  check. They can call the invoice up as many times as they like, which saves you the time of sending them a replacement if they lose it. Besides saving you time and money, offering your customers online payment by check or credit card gives them the ability to save money by eliminating the processing of paper invoices with paper check and bookkeeping. They can also choose to have payments made on a regular basis by through online checks that eliminate the need for merchant fees via credit card payment.