This system enables a vendor to present an invoice to its trading partner via the internet, eliminating the paper, printing, and postage costs of traditional paper invoicing.
A)Evaluated receipt settlement
B)Electronic invoice presentation and payment
C)Automated matching
D)Electronic data interchange

Question

Quizplus · Accepted Answer

The description provided matches the process of Electronic Invoice Presentation and Payment (EIPP). This process allows vendors to present and submit invoices to their trading partners via the internet. This eliminates the need for printing, paper, and postage costs commonly associated with traditional paper invoicing.

This System Enables a Vendor to Present an Invoice to Its