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Federal government vendors to get payments portal.(HEADLINE)
Soon vendors doing business with the federal government will have an easy and convenient online portal from which to initiate and monitor payments for their products and services. Called the Internet Payment Platform (IPP), when fully implemented for all federal agencies, it will be a one-stop shopping venue for vendor payment information.
It's scheduled to be up and running in November for two federal agencies, the Bureau of Engraving and Printing and the Government Printing Office. However, Brett Smith, IPP program manager for the Treasury Department's Financial Management Service, Enterprise Solutions Division, said 12 more agencies have made some form of commitment. "The idea is that it will (eventually) be government-wide." However, Smith declined to speculate on how quickly IPP will spread throughout the network of federal agencies.
Vendors that want to keep up on the latest IPP developments and expected rollout dates for the agencies with which they do business have two ways to do so. The first is to make sure they keep their contact information up to date on the Central Contractor Registration (CCR), on which all federal vendors should be registered. Ronda Kent, director of the Enterprise Solution Division, said it is important for vendors to keep their contact information current so that any outreach regarding the IPP gets to them. "We don't want emails going into never land." "We'll certainly keep everybody posted," Smith added. Another way to get the latest information on IPP is to go to: https://www.ipp.gov/.
According to that website, IPP "supports digital order and invoice file exchange, payment information display and download. It replaces paper-based invoice approval processing with a centralized web-based workflow and provides other processing and ...
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