How Banks and Processors Can Make EIPP Services Appealing to Corporate Customers

ID Number: G00165732

13 March 2009

Kristin R. Moyer Deborah R Wilson

Banks are becoming more interested in providing electronic invoice presentment and payment, but aren't well-positioned to deliver the complex services that corporate customers need.

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Table of Contents

Analysis

1.0

Introduction

2.0

Analysis

2.1

EIPP Models

2.2

EIPP as a Bank Service: Drivers and Barriers

2.2.1		Potential EIPP Drivers for Corporate Customers
2.2.2		Potential EIPP Drivers for Banks
2.2.3		EIPP Barriers

2.3

EIPP Isn't Enough

2.4

EIPP Market Entry Options for Banks

3.0

Conclusions

4.0

Recommendations

Recommended Reading

List of Figures

	Figure 1.	Banks Plan to Offer Various EIPP Services

Electronic Payments
Electronic Invoice Presentment and Payment
Banking Systems
Banking Business Strategies

© 2009 Gartner, Inc. and/or its Affiliates. All Rights Reserved. Reproduction and distribution of this publication in any form without prior written permission is forbidden. The information contained herein has been obtained from sources believed to be reliable. Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner's research may discuss legal issues related to the information technology business, Gartner does not provide legal advice or services and its research should not be construed or used as such. Gartner shall have no liability for errors, omissions or inadequacies in the information contained herein or for interpretations thereof. The opinions expressed herein are subject to change without notice.

Resource Id: 913031