Integrated Receivables Invoice Payment Cloud
Automate your billing and invoicing processes.
The Integrated Receivables Invoice Payment Cloud, by CommercePayments™, is an Electronic Invoicing Presentment and Payment (EIPP) software allowing low-cost invoicing and payments, while offering your buyers an online self-service channel to review open invoices, schedule card or ACH payments, and manage disputes. With the Invoice Payment Cloud, you can address differences in buyer requirements and preferences — ranging from their preference of invoice formats to payment of choice. It provides a platform for submitting claims and remittances, all while boosting customer satisfaction through the self-service experience.
Get more value out of your AR.
Reduction in invoicing costs through e-delivery of invoices via web portals and accounting software integrations in a wide range of formats
Improved customer experience through flexible payment and invoicing options
Reduction in payment processing costs with level III data processing for eligible card payments
Invoice Payment Cloud works to lessen payment friction
- Auto-generate and customize invoices
Integrate with AP portals and accounting systems and automate invoice delivery through a wide range of formats including emails and electronic data interchanges (EDIs).
- Self-service payment portal
Provide a seamless experience for buyers to make payments and access current and historical invoices, all while reducing time your AR team spends on these activities.
- Integrate with AP portals and ERPs
Auto-push invoices to web portals and accounting systems and track real-time invoice delivery status.
- Simplify buyer onboarding
Securely onboard buyers through email invites, single sign on (SSO) or self-registration.
- Discount and dispute management
Provide support for buyer discount strategies and address disputes in real-time.
- Level III interchange
Reduce card processing costs by leveraging Level III data between your ERP and merchant processor.
How it works
Each day your ERP system shares customer AR information with Invoice Payment Cloud, our industry-leading EIPP software. This information is loaded into Invoice Payment Cloud to present invoices to your buyers online. Buyers/brokers can log in to your business’ branded portal and make payments via card or ACH. The Invoice Payment Cloud can immediately conduct a three-way match of the payment, remittance and open AR, and then submit an enriched posting file to your business’ ERP system for reconciliation.
Discover what CommercePayments® Integrated Receivables can do for your business.
