Peppol Electronic Invoicing for Australia and New Zealand
What is eInvoicing?
eInvoicing is the electronic exchange of invoice information directly between a supplier's system and a Unimarket buyer community. eInvoicing removes the need for suppliers and buyers to generate and process PDF and paper invoices which reduces processing costs and administration.
Unimarket eInvoicing
Unimarket has offered electronic invoicing with suppliers for more than 10 years, however, the difficulty has always been making this technology available and affordable for smaller suppliers. Enter Peppol which is a global standard adopted by the Australian and New Zealand Government that focuses on allowing both large and small suppliers to submit their invoices electronically rather than by PDF. Essentially any supplier with a Peppol-compliant finance application such as Xero or MYOB will have the option to send you invoices electronically using this standard. The result is less work for your AP team, improved data capture, and increased accuracy.
Unimarket now supports receipt and processing of eInvoices using the Peppol standard so that you can transition your organisation towards electronic invoicing and drive further savings. Peppol is available to Australian and New Zealand customers so please contact your account team if you would like further information or to get set up on the Peppol network.
Information relating to the Australian and New Zealand eInvoicing initiatives can be found here.
Further details on Unimarket electronic invoicing can be found here:
Unimarket Electronic Invoicing