PeopleSoft unveils eSettlement system

PeopleSoft has begun shipping eSettlements, a component of its enterprise resource planning system designed to provide electronic...

PeopleSoft has begun shipping eSettlements, a component of its enterprise resource planning system designed to provide electronic invoice presentation and payment (EIPP).

The software, which is part of PeopleSoft's Financial Management Solutions, is aimed at improving the efficiency of the financial supply chain. PeopleSoft said that eSettlements provides a common platform for buyers and sellers to exchange and match transactions, such as purchase orders, receipts, and invoices.

With electronic invoice presentation and payment, companies are able to receive invoices electronically, send alerts and notifications, and resolve disputes online.

PeopleSoft said the software also allows buyers to extend their business rules regarding procurement and payment, such as matching and payment selection criteria. The company claimed that sellers can also benefit from EIPP by improving their customer relationships and reduce days sales outstanding through online tracking and resolution of payment issues.

CW+

Features

Enjoy the benefits of CW+ membership, learn more and join.

Read more on Business applications

Start the conversation

Send me notifications when other members comment.

By submitting you agree to receive email from TechTarget and its partners. If you reside outside of the United States, you consent to having your personal data transferred to and processed in the United States. Privacy

Please create a username to comment.

-ADS BY GOOGLE

SearchCIO

SearchSecurity

SearchNetworking

SearchDataCenter

SearchDataManagement

Close