New Zealand’s Procurement Reform: E-Invoicing Mandate Proposed Under Rule 44

• Proposed E-Invoicing Requirement: The New Zealand Government plans to amend its Procurement Rules (Rule 44) to mandate that public sector agencies processing over 2,000 domestic trade invoices annually, as well as large suppliers, adopt electronic invoicing by January 1, 2026, promoting a shift towards digital transformation and paperless administration.
• Goals of the E-Invoicing Initiative: The move aims to enhance efficiency and accuracy in public procurement by reducing manual errors, shortening payment cycles, and increasing transparency while also aligning with international standards like Peppol to combat procurement fraud and improve integration.
• Preparation Steps for Compliance: Agencies and suppliers are encouraged to assess their invoice volumes, evaluate technology readiness for e-invoicing systems, and communicate proactively to ensure a smooth transition to the new requirements ahead of the compliance date.

Source RTCsuite

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• See also
  • E-Invoicing/Real Time Reporting – What can you find on VATupdate.com
  • Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological
  • Collection of E-Invoicing Guides – Worldwide – VATupdate
• • Briefing / Comprehensive Guides (incl. podcasts)

• Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE

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