IPP Release 5.3 has been implemented in production! In this release a display has been added below the comment boxes showing the number of characters used and the maximum characters available to enter in the comment box. This change allows Collector users to see how many of the maximum characters have been used when entering comments. To learn more, please read the Release Notes available on the Welcome page of the Collector module.
Do you do business with the federal government? Over 133,000 vendors are now registered to use IPP to submit and track invoices. IPP gives vendors one system to transact with multiple federal agencies and provides greater visibility into the status of invoices and payments. By utilizing IPP, vendors are better able to manage their receivables.
The FM Vision is more than an idea. It's a series of goals that focus on the Fiscal Service initiatives that support the federal financial management community. These initiatives are about making federal financial management better for you and for those who use our services. So let's talk about the Invoice Processing Platform (IPP) that is part of our goal for optimizing disbursing.
How does IPP benefit the American people? IPP, Treasury's solution for electronic invoicing (e-invoicing), saves agencies and vendors time, effort and money. As a secure centralized service IPP is available at no charge to executive, legislative and judicial branch agencies and their vendors.
To read the full article, visit the Fiscal Service FM Vision.
Is electronic invoicing at the tipping point?
Mr. John Hill, Assistant Commissioner for Payments and Chief Disbursing Officer at the U.S. Treasury's Bureau of the Fiscal Service, discusses a historical parallel, international adoption of electronic invoicing, benefits to business, and the potential for federal savings with the Invoice Processing Platform (IPP). Click here to read Part 2 in the Electronic Invoicing: Why It Matters series.
To access vendor news that has been archived, click here.