Electronic invoicing (e-invoicing) is the system-to-system exchange of invoices via a common standard called PEPPOL (Pan European Public Procurement Online), which Australia and New Zealand adopted in 2019.
As part of its recently announced Digital Business Plan, the Federal Government has committed AUD3.6 million towards mandating the adoption of electronic invoicing for all Commonwealth government agencies. The move aims to encourage greater adoption amongst businesses supplying to government and within their supply chains. The mandate comes into effect as of 1 July 2022 and […]
Recently we covered the news that federal government departments will start paying e-invoices to businesses within five days. This applies only to contracts valued up to $1 million. If departments do not adhere to this new rule, they will face interest charges on any late payments – as long as both the supplier and agency use […]
In our personal lives, we are increasingly cutting the manual element of day-to-day processes and moving towards quick, online transactions. Shopping, banking and paying bills can all be done with a click of the mouse and without ever having to leave home. The same can be said in the workplace where manual processes, that can often take huge amounts of time and money, are becoming automated.
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