Invoice Payment Processing is an efficient and effective method of handling payment transactions that can significantly improve your business’s bottom line. It involves taking customer invoices, verifying the accuracy of the amount owing and then processing the payments accordingly. This process can involve manual processes such as manually updating a ledger book for accounting purposes or automated processes via online systems. The key benefits are increased efficiency, smoother payment processing and improved cash flow management. With invoice payment processing in place, you can rest assured that your finances are being managed accurately and securely.