Navistar Group Implement JPMorgan EIPP Solution

Navistar International Corporation’s International Finance Group (International Finance) has entered into a long-term deal with JPMorgan Treasury Services, which will see International Finance employ JPMorgan’s electronic invoice presentment and payment services (EIPP) in the US. Using technology from BCE Emergis, JPMorgan will upgrade International Finance’s existing accounts receivable process, making their invoices available online. JPMorgan’s electronic invoicing process will allow International dealers and retail customers to pre-schedule payments online, a move which it hopes will allow them to better manage their trade credit.


Related reading

New consumer banking head for Citi Asia Pacific