Singapore is continuing its drive to promote e-invoicing with the aim of helping companies improve efficiency, reduce costs, streamline payment cycles and minimize environmental impact.
The country launched its national e-invoicing network in 2019, based on the PEPPOL infrastructure, making it the first country outside Europe to use the European network to exchange e-invoices between private enterprises. The connection of governmental bodies to the PEPPOL network in 2020 has extended e-invoicing in Singapore to B2G.
Source: edicomgroup.com
