Want to speed up your receivables?

Improve customer service and slash the cost of your accounts receivable process by distributing your invoices efficiently by email or presenting your statements and invoices online. The benefits include:

• Reduced printing and postage costs
• No more claims that the invoice didn’t arrive
• Better informed customers and improved customer retention
• Enhanced marketing opportunities
• Shortening the receivables collection period and Improving cash flow management
• Increased staff productivity and morale
• Rapid adoption due to its environmentally friendly nature

SIPP is the answer
CSIPP) is a fully integrated online Invoicing solution.  IP Solutions uses the most flexible and versatile SIPP platform in the payments industry. It ensures merchants receive a fully tailored and integrated solution for an implementation fee that will see a very rapid return on investment. Features of the SIPP platform include:

• Integration support for most ERP and account receivable systems – upload files for presentment  and download files for automatic payment reconciliation
• Multiple business rules dynamically calculated – overdue fees, early payment discount, credit card surcharge etc
• Statements and Invoices presented in the same format as current paper versions
• Present all items to the customer – invoices, credit notes, adjustments, fines etc
• Customisable workflow to align with business process and speed up the payment of invoices
• Fully automated Dispute Management Module allowing customers to only dispute line items and not delay payment of legitimate line items – improving cash flow.

Past electronic billing solutions have incorporated two specific parties, the first being a document management organisation with the second being a payments provider. This old solution has seen many issues arise in the manner with how payment options are incorporated within the solution but more importantly how payments are reconciled and how business processes are altered to align with the receivables processes within organisations. An integrated solution removes this requirement.

Contact us now to discuss our Payment Process Review so we can show you how to significantly improve your billing and accounts receivables processing.

Look at these results!

PBL - Trader Classifieds
Trader Classifieds is the classified advertising arm of the leading Australian media and entertainment company Nine Entertainment Co. They publish in excess of 20 titles in Australia, including iconic mastheads like Unique Cars, Trade-a-boat, Motorcycle Trader, Deals on Wheels and Caravan World - all market leading products that are highly respected in their individual fields. With reach and distribution such as this they needed an ebilling solution that thought outside the square and they found it

• Postage savings of 85% ($15k down to $2.2) – per month
• Outstandings as a percentage of total revenues down from 10% to 1%
• Onhold customers down from 50/month to 5/month
• Cashflow up 43%
• DSO‟s from 87 to 45
• Customer satisfaction up, i.e. complaints from 300/month to 10/month
• Admin calls in from 500/month to 100/month
• Write offs reduced from $50K/month to $10K per month
• Accounts un-reconciled dropped from 100/month to 2/month
• Reconciliations was taking 30 days, now max 4 days
• Bad debt collection costs dropped from $5K/month down to a few hundred

Circa 1 million dollars worth of savings generated per annum

20th Century Fox
This leading entertainment organisation was looking for a solution that would improve their cash flow and help make their processes more efficient and effective. They found their answer in SIPP.

• Improved customer service
• Improved cash flow DSO benefit of 11.2 days
• Improved staff productivity
• Reduced costs (support, administration & reconciliation)
• Service live within 10 weeks v 6 months for the bank product

Additional 42 million in cash flow within the first year

Contact us now and add your company to the above successes!

IP Solutions International is a specialist ecommerce provider of customised corporate payment, billing and receivables solutions. Professional services address PCI DSS Compliance, Electronic Billing and Receivables, Education Sector, E2E eCommerce Consultancy and Customized eCommerce Solutions.