The following is a list of frequently asked questions about IPS Invoice Payment System. To find an answer to an FAQ, please select from the categories on the left.
Most customers demand invoice terms of 30 or 60 days, but suppliers need liquidity to meet the immediate financial demands of their businesses: payroll, insurance, rent, and other expenses. Other reasons include:
Regardless of whether you are a startup or a well-established organization, you benefit by:
Companies all along the supply chain, regardless of whether they are in manufacturing, transportation, technology, staffing, sales or distribution.
No. Invoice receivable financing has been around for centuries. Until the mid-1980s, it was mostly used by textile and garment industries, but today it is widely used by companies who offer products or services on credit, across many industries.