Get involved in eInvoicing

eInvoicing products are fast becoming popular among your clients. In the past year, business adoption of eInvoicing has grown exponentially – now more than 18,000 are registered to use eInvoicing, up from 200 this time last year.

Many of your clients are already realising the benefits of eInvoicing, helping them save time and money. With eInvoicing Week well underway, we are seeing strong attendance at the range of events being held by DSPs, industry and professional associations, and organisations, and expect to see further increased interest as a result.

Assistant Commissioner Elly Stinchcombe said, “With such strong demand from clients, it’s exciting times for digital services providers wanting to diversify their product suite and develop their own eInvoicing product or access point.”

For clients who supply goods and services to federal government agencies, the 5-day payment terms now in place are another incentive to switch to eInvoicing. This policy came into effect on 1 July this year, removing the payment threshold of $1 million.

For DSPs, the benefits of eInvoicing include being able to offer a digital solution that is interoperable regionally and globally.

“Becoming an accredited Peppol service provider shows your users you’ve met the requirements and are a trusted operator in the Peppol network. You can also partner with an accredited service provider to connect your products to the network”, Elly said.

According to the ACCC’s scams activity report, in 2021 Australian businesses lost more than $227 million through email scams, up from $128 million lost in the previous year.

Peppol eInvoicing removes the need for your clients to manually enter invoices into software and it also reduces the risk of fake invoices and email billing scams.

To get involved and start offering eInvoicing services, visit eInvoicing for more information.

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