National E-Invoicing Initiative

A national digitalisation agenda to improve business efficiency and productivity.

OBJECTIVE

The National E-Invoicing Initiative aims to drive interoperable E-Invoicing by digitalising how businesses send invoices to other businesses, allowing different accounting software and Enterprise Resource Planning (ERP) system to send and receive e-invoices in a system-to-system manner.


The Benefits

INCREASE BUSINESS

EFFICIENCY

Manual data entry and physical paper handling processes can be eliminated with the implementation of E-Invoicing and as a result helps businesses transact invoices more efficiently and seamlessly with accurate traceability.

IMPROVE

CASHFLOW

With E-Invoicing, billing and calculation errors can be reduced significantly, thus accelerate payments and minimise disputes in irregularities.

EFFICIENT TAX

COMPLIANCE

The implementation of a compliant interoperable E-Invoicing framework will ensure an organised work process and facilitate effective tax reporting.


Different Manner in Sending and Receiving Invoices
before and after e-invoice
How E-Invoicing Works
e-invoicing flow

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