EDICOM Is Certified as a Peppol Access Point in Australia and New Zealand
EDICOM has been accredited as an access point in Australia and New Zealand by the PEPPOL authorities in each country. In Australia accreditation was granted by the ATO and In New Zealand by the MBIE.
Any company or public entity that looks to invoice electronically in Australia or New Zealand can do it through EDICOM’s Global e-Invoicing platform.
By receiving these accreditation EDICOM solidifies its position as a global leader in electronic invoicing by offering services in over 70 countries.
The Electronic Invoice in Australia and New Zealand
Australia and New Zealand decided to implement their electronic invoicing project together through the “Australia and New Zealand Government Electronic Invoicing Arrangement”.
The goal of this agreement is to improve productivity and reduce operational costs for governments and companies through a single digital market.
In 2019 Australia and New Zealand decided to implement the PEPPOL network to exchange electronic invoices following the steps of countries like Singapore.
By selecting this international system Australia and New Zealand look to make international business easier.
From this year all companies and public institutions that would like to e-invoice in Australia and New Zealand will be able to.
The governments of both countries estimate that thanks to the electronic invoice they will be able to save 30 million dollars in 10 years.
What is PEPPOL?
PEPPOL stands for “Pan European Public Procurement Online”. It is a series of instruments and specifications designed to facilitate contracting for both B2B and B2G partnerships through digital methods.
PEPPOL was created to facilitate crossborder public contracting between EU countries. However, its interoperability and practicality as well as its telecommunications infrastructure has led to its global expansion.
The PEPPOL system enables the delivery and receipt of invoices, waybills, order confirmations, and credit notes following a single standard. Companies and public administrations communicate through certified Access points in each country.
How to Electronically Invoice in Australia and New Zealand?
To send invoices in Australia and New Zealand It is necessary to hire an accredited PEPPOL access point in every country where you operate to route messages according to the specifications of the network .
Companies and public bodies will need to have an electronic invoicing system capable of issuing electronic invoices in the standard PEPPOL BIS Billing 3.0. format.
In the case of New Zealand companies must have the New Zeland Business Number (NZBN).
EDICOM’s Global e-Invoicing platform enables companies to generate invoices in the PEPPOL format and to send them through the network directly through an integration with your ERP or billing system.
A scalable and centralized solution made to invoice in any country according to the legal and technical requirements for every scenario. EDICOM’s global invoicing service enables the Exchange of any commercial document automatically and immediately with public institutions or private trading partners.
Decreto Supplier Pay On-Time or Pay Interest Policy
To promote the use of the electronic invoice the Australian government has launched the Supplier Pay On-Time or Pay Interest Policy on January 1. It states that public administrations that receive electronic invoices through PEPPOL can initiate payment processes in 5 days. The only requirements are the contracts have a value below 1 million AUD.