InvoiceNow is a nationwide e-invoicing network that allows companies to process invoices more efficiently, reducing costs and shortening payment cycles. It operates on the open standard Peppol framework, transmitting e-invoices in a standard digital format across different finance systems. It enables businesses of all sizes to enjoy smoother invoicing, faster digital payments, and environmental benefits. Small and medium enterprises can easily connect to InvoiceNow with their existing accounting or finance solutions, while large enterprises can get assistance from an IMDA pre-approved Access Point Provider. Newly incorporated businesses can also benefit from the InvoiceNow Accelerate programme.
Source gov.sg
See also
- For more information on the implementation of InvoiceNow for GST-registered businesses, please refer to the IRAS webpage.
- InvoiceNow Service Providers and GST-registered businesses can refer to the technical design documentation from IMDA to enhance their solutions for the submission of invoice data to IRAS here: InvoiceNow Technical Guidebook Page.
- As a government vendor, you can adopt InvoiceNow via the following ways:
- For small and medium enterprise government vendors
- Step 1: Check the list of InvoiceNow solutions (54.34KB) supporting Accountant-General’s Department (AGD)’s requirements to know if your current finance or accounting solution is listed.
- Step 2: Approach your solution provider to activate the InvoiceNow feature on your existing solution.
- Step 3: Refer to the guides from your solution provider on how you can send an e-invoice via InvoiceNow to AGD directly from your finance or accounting system.
- For large enterprise government vendors
- For small and medium enterprise government vendors
- Available guides
Find out more about InvoiceNow
- InvoiceNow transforms businesses in Singapore. Read their stories in ENGAGE, a quarterly newsletter.
- Find more information about using InvoiceNow or refer to our InvoiceNow FAQs (114.50KB).
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
