What is e-Invoicing?
Electronic invoicing (or e-invoicing) is the automated digital exchange of invoice information directly between a buyer’s and supplier’s software system.
E-invoicing document are sent and received by a shared network, and the document must meet the common e-invoicing standard – which is Peppol in Australia & NZ. These two aspects of e-invoicing make it a more efficient way for invoicing.
MBIE NZ is pushing for e-invoices within the commonwealth government and are consulting on options for mandatory adoption of e-invoicing across all levels of government and by businesses in the next few years.
E-invoicing document are sent and received by a shared network, and the document must meet the common e-invoicing standard – which is Peppol in Australia & NZ. These two aspects of e-invoicing make it a more efficient way for invoicing.
MBIE NZ is pushing for e-invoices within the commonwealth government and are consulting on options for mandatory adoption of e-invoicing across all levels of government and by businesses in the next few years.
PEPPOL - The Background
What is Peppol?
Peppol is a common framework for secure cross-border exchange of electronic business documents. The framework’s original purpose in 2008 was to make trade easier between European governments. Today, it has evolved far beyond the original intention with the overall objective now being to enable simple, safe e-document exchange between public and private entities worldwide.
Peppol is not a platform for document exchange, but rather a network that connects the many existing platforms already used by businesses and public administrations. It’s an IT infrastructure that makes it possible to connect and send messages to other systems also connected to the network.
Why do business through Peppol?
The digitalization of business processes is more and more prevalent and the use of e-documents, especially e-invoices, play a significant role in this transformation. E-invoicing is faster, more cost-efficient and more reliable than paper and emailed PDF invoices.
Governments worldwide are implementing e-invoicing mandates, and Peppol has widely become the chosen framework to do so. The infrastructure guarantees security and easy identification of companies sending and receiving e-invoices. Private businesses are also beginning to take advantage of e-invoicing, and Peppol is becoming the popular choice.
Some e-invoicing networks are proprietary, meaning that it is not possible to connect to the systems of other businesses, industries, countries or regions. Peppol is an open, interoperable network whose purpose is to bridge the gaps in communication between organizations on different systems and networks.
Peppol is a common framework for secure cross-border exchange of electronic business documents. The framework’s original purpose in 2008 was to make trade easier between European governments. Today, it has evolved far beyond the original intention with the overall objective now being to enable simple, safe e-document exchange between public and private entities worldwide.
Peppol is not a platform for document exchange, but rather a network that connects the many existing platforms already used by businesses and public administrations. It’s an IT infrastructure that makes it possible to connect and send messages to other systems also connected to the network.
Why do business through Peppol?
The digitalization of business processes is more and more prevalent and the use of e-documents, especially e-invoices, play a significant role in this transformation. E-invoicing is faster, more cost-efficient and more reliable than paper and emailed PDF invoices.
Governments worldwide are implementing e-invoicing mandates, and Peppol has widely become the chosen framework to do so. The infrastructure guarantees security and easy identification of companies sending and receiving e-invoices. Private businesses are also beginning to take advantage of e-invoicing, and Peppol is becoming the popular choice.
Some e-invoicing networks are proprietary, meaning that it is not possible to connect to the systems of other businesses, industries, countries or regions. Peppol is an open, interoperable network whose purpose is to bridge the gaps in communication between organizations on different systems and networks.
IDESaaS NZ - Access Point
IDESaaS NZ is accredited and approved by Authorities for transactions in all Peppol regions. IDESaaS NZ customers are able to communicate with suppliers and customers via the eDelivery Network, convert documents to the correct format, and exchange standardised business documents with trading partners.
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