ePayments

According to the US Small Business Administration, in 2009 (the latest available data) there were about 27.5 million small businesses in the U.S, approximately 6 million of which have employees with the remainder being sole proprietorships. It is safe to assume that a significant chunk of small to mid-sized businesses (SMB’s) suffer from highly manual [...]

In July of 2011, the US Department of Treasury announced that it is mandating that all Treasury Bureaus implement the Internet Payment Platform (IPP) by the end of 2012 and in 2013 Treasury will require that its commercial vendors submit their invoices using IPP. This initiative will both improve government efficiency and cut costs for [...]