Accountis E-Invoicing For Banks
Unlock a new revenue stream with EIPP. Combine e-invoicing with your existing payment services to offer end-to-end transaction visibility.
Royal Bank of Scotland
RBS, one of the largest financial services groups in the world, currently resells the Accountis VAT compliant e-invoicing service to their corporate customers. Accountis has provided the bank with an RBS branded e-invoicing solution and service. With EIPP, RBS will gain greater visibility of their customer's end-to-end, financial supply chain transactions. This will strengthen business relationships and place them in a better position to offer additional services such as supplier finance provisions and other innovative finance arrangements.
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Seamless EIPP Integration
Accountis EIPP is an industry leading, flexible and innovative service that facilitates the expedient adoption of e-invoicing for banks, their customers and supply chain networks worldwide.
Accountis works seamlessly alongside existing systems to facilitate the end-to-end processing of invoices from purchase requisition to payment. Banks who incorporate Accountis EIPP will gain greater visibility of customer finances, deepen business relationships and find it easier to sell additional, high-value payment related services.
Global E-Invoicing Network
By choosing Accountis you can eliminate potential barriers to e-invoicing entry such as trading network adoption and technology integration. Users of the Accountis system can immediately access our global e-invoicing directory of over 20,000 end users, which facilitates faster roll-out across the supply chain. Accountis is simple to install, easy to use and groundbreaking technology such as the ebPrinter enables all businesses to make the straightforward switch to e-invoicing.
Combining EIPP with existing transaction services extends visibility beyond payments to the complete invoicing cycle. This gives banks an invaluable insight into a customer's business and makes it easier to calculate risk. Greater visibility also leads to:
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Increased revenue through cross-selling
A better understanding of a customer's business makes it easier to sell high-end services such as invoice factoring, supplier finance provision, enhanced treasury lending and foreign exchange services.
Better, more profitable customer relationships
Becoming more integrated with a customer's finance process will help encourage loyalty and increase retention. This presents an opportunity to develop deeper more profitable business relationships.
EIPP is a simple way for corporates to replace costly paper-based processes with a faster, more efficient and environmentally friendly technology. The benefits of employing an automated end-to-end invoicing system include:
- Improved efficiencies and lower operating costs
- Quicker settlement and faster payments
- Reduced days sales outstanding (DSO)
- Increased cash-flow visibility
- Working capital optimisation
