Many Evaluated Receipt Systems (ERS) use Electronic Invoice Presentment and Payment (EIPP) systems.

Question

Quizplus · Accepted Answer

Many ERSs do indeed use EIPP systems, as these technologies are often complementary in terms of automating and streamlining the procurement and payment processes for businesses. EIPP systems allow invoices to be electronically sent, received, reviewed, approved, and paid, which can save time and improve accuracy for both buyers and suppliers. ERSs, meanwhile, help automate the receipt and verification of deliveries and associated payments, which can further enhance procurement efficiency and reduce errors.

Many Evaluated Receipt Systems (ERS) Use Electronic Invoice Presentment and Payment