B2B EIPP and e-Invoicing
Striata's EIPP (Electronic Invoice Presentment and Payment) connectors deliver your eInvoices to the major eInvoicing hubs around the world, whilst delivering a secure eBill to the rest of your customers. Striata's innovative electronic messaging solutions are able to provide flexible output formats that meet various eInvoicing standards.

As eInvoicing gathers momentum, billers are faced with an increasing number of requests to provide their bills to each customer's preferred eInvoicing portal. Striata's flexible output formats are able to provide each portal's required format (EDI, XML, SOAP) without having to "belong" to or install portal software.

In addition Striata's EIPP is a highly effective solution for delivering large volumes of bills in a consolidated encrypted attachment.This is primarily used for delivering multiple bills to commercial (B2B) customers. Business rules for consolidating multiple bills to the same recipient into a single email are used to achieve additional cost savings.

Secure electronic delivery of multi-invoices is aligned closely to companies current billing processes, as it requires the least (if any)change of process for the majority of customers, whilst providing the relevant new formats required for eInvoicing customers.

Striata's EIPP solution includes a dispute management system that can further facilitate cost savings for B2B billing. The electronic document based dispute management entire process occurs without any human intervention and without the need for complicated data transfer protocols. This solution is ideal for your large business customers, and in fact all customers who generate more than 5 or 6 invoices per month.

Electronic Invoice Presentation and Payment (EIPP) has to date been limited to the building and managing of self-service websites; using a 'come and get it' strategy.

This involves costly upfront software integration and implementation, hardware, web infrastructure & technical support. In addition, this presentation and payment model requires major changes to the business approval and payment process, which often includes multiple items and many people.

With Striata's email invoice presentment and payment' technology, you are able to avoid these pitfalls by delivering your invoices directly, electronically and securely to your corporate customer by email, or in the required standard relevant to their eInvoicing hub.

Advantages of email invoice presentment and payment
  • No action is required by the business customer in order to receive the invoices.
  • The same recipient/s of the paper invoices can now receive them electronically.
  • Viewing and paying can be achieved in as few as two clicks.
  • Detailed 'invoice presentment and payment' can be delivered, without requiring a website visit.
  • Flexible output formats means invoice data capture is eliminated at the e-invoicing hub.
  • Disputed line items are easily, instantly and electronically managed. After dispute submission, re-invoicing is instant and automatic.
  • Payment can be made directly from the invoice, a securely encrypted email attachment - this is optional for the customer.
  • Multiple file types can be securely personalized, packaged, encrypted and compressed into a single email:
    • An invoice summary page
    • The invoice content & detail for each account
    • Data files for upload into their accounting system
    • Any regulatory required content
    • Print quality copies of each invoice
    • Graphical and sorting functionality
  • The biller is able to confirm that the invoice was received, when it was opened, if any marketing links were clicked on and view all the necessary reporting around payment.
  • Due to the 'push' nature of this invoicing process, extensive personalized marketing opportunities are available.
  • Incentive trade discounts, through early settlements, are easily automated.

Secure electronic delivery of multi-invoices is aligned closely to companies current billing processes, as it requires the least (if any)change of process for the majority of customers.