eInvoicing: A Cutting-edge, Automated Solution for your Organisation
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An eInvoice is...
An electronically generated and transmitted document that enables direct information exchange between the buyers’ and suppliers’ Accounting systems.
eInvoicing eliminates the necessity to print and send paper-based invoices or scan and send them via emails or emailing PDF invoices. You can also avoid the need to manually input information into your Accounting systems. Simply put, eInvoicing is the future way of doing business.
- Fully automatic, transferable between systems
- No printing/scanning requirements
- No need to email PDFs
Why Choose eInvoicing?
eInvoicing is way safer and more efficient than sending an invoice by email or attaching a PDF. Exchanging invoices via the Peppol eInvoicing network eliminates the threat of cyber email attacks and email frauds like payment redirection scams.
eInvoicing also presents small and medium businesses (SMEs) with the opportunity to streamline their Accounts Payable and Accounts Receivable processes resulting in:
- Saving the business owner's time by removing the manual processes involved in invoicing.
- Reducing costs for the business through the reduction of staff overhead costs.
eInvoicing is supported by the Australian Government
From 1 January 2020, Australian government agencies are paying eInvoices within 5 business days, under the condition that both parties are using the internationally accepted Peppol framework for eInvoicing. This regulation applies to contracts up to $1 million.
For more information about the benefits of eInvoicing for Government Suppliers and the 5-day Payment Policy, GO HERE.
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