PeopleSoft eSettlements Overview

PeopleSoft eSettlements, a global electronic invoice presentation and payment (EIPP) solution, enables you to optimize the settlement process with electronic invoices and payments, matching, online approval and dispute resolution, and email notifications. You can streamline invoice processing and dispute resolution and take advantage of early payment discounts. In addition, by extending self-service and collaborative tools to your suppliers, you improve relations with them as well as reduce the number of disruptive inquiries.

PeopleSoft eSettlements enables you to:

  • Create invoices, and integrate purchase order and receipt information with invoices.

  • Perform invoice dispute and resolution activities at the invoice and invoice line level.

  • Create payments using automatic and manual processes, and create urgent payments.

  • Maintain and run inquiries on invoice and payment information.

  • Leverage existing information and functionality of PeopleSoft Payables, Purchasing, and Financial Gateway applications to create and process settlements.

  • Establish an implementation model based on your business needs.

Understanding PeopleSoft eSettlements Implementation Models

You implement PeopleSoft eSettlements based on one of two models:

Term

Definition

Buyer Direct Model

In this implementation you are the buyer and PeopleSoft eSettlements provides an interface with your suppliers. It functions as a front-end module for the PeopleSoft Payables application.

Business Service Provider Model

In this implementation, you act as a consolidator. You provide and administer an interface between multiple buyers and suppliers.