"Our goal is to be the leading payment system relied upon by North American Businesses."
Payment within 8 business hours for your accounts receivable invoices

IPS Process

Invoice analysis

ANALYSIS

Once you deposit your invoices, IPS Invoice Payment System subjects the documentation and the payers’ creditworthiness to a prompt and thorough review.

Invoice processing

PROCESSING

Upon review and approval of the invoices, IPS enters all data into the system. After completion of this process, a Transaction Summary gets generated to facilitate your customer’s payment.

Invoice payment

PAYMENT

As an IPS client, you have the advantage of receiving payments within 8 business hours of depositing your invoices. Based on your preference, the funds can be transferred to your bank account through Electronic Funds Transfer (EFT), T-Check or cheque.

Invoice e-filing

E-FILING

IPS keeps a digital copy of each of the invoices and any supporting documents you deposit so that they are always available online to you and your customers.

Invoice handling

HANDLING

After the invoices have been processed and financed, our automated system immediately mails or emails them directly to your customer.

Invoice follow up

FOLLOW-UP

Our Follow-Up department will contact your payer to verify receipt of the invoice and ensure it is in good standing. After this, outstanding invoices are regularly tracked.

Make a payment online

MAKE A PAYMENT ONLINE

Using their IPS account information, your customers can log into the IPS Online Account Manager and make a payment for any outstanding invoices within a few simple clicks.

Invoice payment posting

PAYMENT POSTING

Upon receipt of your customer’s payment, we close the invoice and our Automated Posting System updates your account immediately.

Business payment information

BUSINESS PAYMENT INFORMATION

IPS creates an Automated Credit Report detailing past payment behavior to help you in the process of extending credit terms to your customers.

Invoice online reporting

ONLINE REPORTING

IPS generates detailed reports of all account activity available to you online, anytime.

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