eBILIS® is an Electronic Invoice Presentment and Payment (EIPP) software solution. It is an affordable EIPP solution for companies that want to:
- Eliminate manual data entry of invoice information
- Provide collaborative real-time on-line Dispute Resolution Management
- Reduce invoice processing costs
- Capture discounts more easily, and
- All without disrupting existing infrastructure or applications. eBILIS® is for companies wanting to adopt an end-to-end EIPP solution without “Breaking the Bank”.
eBILIS® is a comprehensive and full feature solution that exceeds requirements of typical EIPP solutions available in the market today.
In several case studies regarding EIPP, companies could save over $5.15 or more per invoice by presenting it over the Internet rather than in paper format or even with scanned image of paper invoice. With the average large company issuing 792,000 invoices per year, the savings could exceed $5 million annually. And with an average investment of less than $500,000 needed to get an EIPP system up and running, a typical company could break even if it issued just 2.3 percent of its invoices electronically.