What is IPP (Invoice Processing Platform)?

IPP

According to the Department of the Treasury Bureau of the Fiscal Service, Invoice Processing Platform or better known as IPP is a Web-based system that provides one integrated, secure system to simplify the management of vendor invoices and intra-governmental transactions.  IPP can help federal agencies avoid Prompt Payment penalties by supporting more efficient invoice processing while automating invoice collection, validation and approval workflows. Vendors can manage their receivables more easily using one system to transact with multiple agencies.  IPP offers five modules federal agencies can adopt together, alone or in phases to achieve more efficient invoice processing. Vendors enrolled in IPP use Payment Notification Service (PNS) to be notified when payments are issued by an even larger number of federal government entities.

IPP can help federal agencies avoid Prompt Payment penalties by supporting more efficient invoice processing while automating invoice collection, validation and approval workflows. Vendors can manage their receivables more easily using one system to transact with multiple agencies.

Key Features of IPP for Government Contractors

  • IPP provides vendors greater visibility into all transaction data and documents associated with a PO.
  • IPP gives vendors multiple ways to submit invoices, such as by pre-populating invoices with data from POs within the system, creating invoices online without a PO or using electronic file submission.
  • IPP enables vendors to check payment status, or choose to receive e-mails with a simple notification of payment or detailed remittance information. This service reduces payment status inquiries and enables vendors to more easily manage their receivables and match payments to specific invoices.
  • IPP enables quick answers to payment-related questions through a self-service feature.
  • IPP provides invoice management tools, including an invoice aging summary, an overdue invoices list, and a payments collection forecast.

List of Federal Agencies Currently using IPP:

Department of the Treasury

  • Bureau of Engraving and Printing
  • Bureau of the Fiscal Service
  • The Community Development Financial Institutions Fund
  • The Financial Crimes Enforcement Network
  • Financial Management Service – GWA/GL
  • Internal Revenue Service
  • Office of the Comptroller of the Currency
  • Office of the Special Inspector General for the Troubled Asset Relief Program
  • Treasury Alcohol and Tobacco Tax and Trade Bureau
  • Treasury Departmental Offices
  • Treasury Franchise Fund
  • Treasury Inspector General for Tax Administration
  • Treasury Office of Financial Stability
  • Treasury Office of Inspector General
  • U.S. Mint

Administrative Resource Center (ARC)

  • African Development Foundation
  • Armed Forces Retirement Home
  • Consumer Financial Protection Bureau
  • D.C. Pension Fund
  • Denali Commission
  • Department of Human Services Office of the Inspector General
  • Election Assistance Commission
  • Farm Credit Administration
  • Farm Credit System Insurance Corporation
  • Federal Housing Finance Agency
  • Federal Housing Finance Agency Office of the Inspector General
  • Federal Maritime Commission
  • Federal Mine Safety and Health Review Commission
  • Inter-American Foundation
  • Merit Systems Protection Board
  • National Archives and Records Administration
  • National Mediation Board
  • Occupational Safety and Health Review Commission
  • Office of Financial Research
  • U.S. Access Board
  • U.S. Chemical Safety and Hazard Investigation Board
  • U.S. Court of Appeals for Veterans’ Claims
  • U.S. Office of Government Ethics

Department of the Interior

  • Bureau of Indian Affairs
  • Bureau of Land Management
  • Bureau of Ocean Energy Management, Regulation and Enforcement
  • Bureau of Reclamation
  • Bureau of Safety and Environmental Enforcement
  • DOI Departmental Offices (including Interior Business Center)
  • National Park Service
  • Office of Surface Mining
  • U.S. Fish and Wildlife Service
  • U.S. Geological Survey

Department of Agriculture

  • Agricultural Marketing Service
  • Agricultural Research Service
  • Animal and Plant Health Inspection Service
  • Departmental Management
  • Economic Research Service
  • Farm Service Agency
  • Food and Nutrition Service
  • Food Safety and Inspection Service
  • Foreign Agricultural Service
  • Forest Service
  • Grain Inspection, Packers and Stockyards Administration
  • National Agricultural Statistics Service
  • National Institute of Food and Agriculture
  • Natural Resources Conservation Service
  • Office of the Inspector General
  • Risk Management Agency
  • Rural Development

Other

  • Architect of the Capitol
  • Corporation for National and Community Service
  • Department of Education
  • Government Printing Office
  • Small Business Administration
  • Social Security Administration
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