eDepartment of the Treasury select Link4 for eInvoicing

Posted by Link4 Team on 15/09/2020

The Department of the Treasury has selected leading Australian eInvoicing provider Link4 to connect them to the Peppol network.

eInvoicing is the ability to send and receive invoices instantly, without the need for email and PDFs, which helps automate the Procure-to-Pay process. As PDF invoices are being intercepted and altered more frequently, eInvoicing is a much safer way for invoices to be sent. Additionally, it is more efficient, better for the environment and in real-time.

In this instance, the Treasury will be able to receive invoices instantly from anyone sending via the Peppol network. These invoices will be paid within 5 business days. Therefore, any business (including SMEs) will increase its cash flow as they can receive payment the week the invoice is created.

“It is pleasing to see the Australian Government adopt eInvoicing as we know this helps Australia’s small businesses get paid faster,” noted Kate Carnell, Small Business Ombudsman. “We are also pleased that Treasury has chosen a smart Australian SME to do this work.”

Link4 was selected as they have a solid track record of successfully supplying eInvoicing services to Australian businesses since 2017.

“We are thrilled to connect the Treasury to the Peppol network,” noted Link4 CEO, Robin Sands. “Many businesses are facing tough times right now, and helping to increase their cash flow will be well-received.”

Link4 is an Access Point for TechnologyOne users to benefit from the Peppol network. The Treasury (a TechnologyOne user) will be live with eInvoicing in October 2020.”

Share on LinkedIn