Unleash the Power of InvoiceNow in Singapore
We Are Your IMDA-accredited Peppol Access Point partner
In 2018, Singapore’s Infocomm Media Development Authority (IMDA) launched InvoiceNow. A nationwide e-invoicing network built on the Peppol framework. This revolutionary system automates invoice exchange, eliminating manual work and accelerating payments.
We are a trusted IMDA-accredited InvoiceNow Peppol solution provider.
We offer a seamless approach to implementing InvoiceNow, helping you:
- Boost Payment Speed. Get paid faster with automated end to end invoicing. This eliminates delays associated with processing paper and PDF invoices.
- Reduce Costs. Streamline your accounts payable and receivable processes. Our InvoiceNow solution can save you time spent on manual data entry and checks.
- Enhance Efficiency. Automate invoice workflows and end the need for manual processes. This can free up your team to focus on core business activities.
- Simplify Compliance. Our solution adheres to all Singaporean e-invoicing regulations. This ensures your transactions are compliant with tax reporting and VAT requirements.
- Global Reach. Connect and transact with a vast network of businesses worldwide. Once connected to the Peppol network you can do business with everyone in the network.
Why Choose Us to Get You Started With InvoiceNow in Singapore?
We are the perfect partner for businesses to get connected to the Peppol Network. Here’s why:
Singapore InvoiceNow Peppol Experts
We house some of the world's leading e-invoicing practitioners. Our team has deep knowledge in two key areas. A deep understanding of the InvoiceNow Peppol Network and how it works. Coupled with an extensive experience in implementing e-invoicing in the Singaporean business environment. These combined ensure a smooth transition for your business.
Works with any system
You don't need to change your existing software. Our InvoiceNow Peppol Access point is software agnostic. This means we can work with any platform or legacy system that you have in place.
Track your invoices
Track the status of your invoices in real-time through our online portal. Keep on top of your invoice processing with reports of all your processed invoices.
Future-proof
Our solution is built to adapt to future e-invoicing requirements. We keep on top of the changes in technology so you will always stay ahead of the game.
Cost-effective
We offer a subscription-based model with a one-time fee for setup.
Proven Track Record.
Our secure eInvoicing platform has processed over $3 billion of invoices across 85,000 suppliers.
Government-Certified eInvoicing Solutions
We are a certified Peppol Access Point provider in Australia, New Zealand, Singapore, Japan and Malaysia.
Trusted by leading
businesses across the region
We are Source to Pay and Procure to Pay automation experts with over 30 years experience across our team and have been trusted partners to a number of leading organisations across APAC.
Real Results with Valtatech
“Valtatech’s cloud-based e-invoicing technology enabled a smooth implementation with minimal disruption, empowering our teams to focus on core activities.”
Aaron PassfieldHead of Procurement
Cost per invoice
21%
Decrease
Manual data entry time
73%
Reduced
Driving compliance with eInvoicing standards whilst freeing up resources for more strategic tasks
How Does InvoiceNow Work?
FAQ
InvoiceNow is a system that sends electronic invoices directly between finance systems. All transactions are sent using the nationwide network based on Peppol. This enables quick and automated invoicing. Resulting in reduced processing time and eliminating manual work for businesses.
Peppol is a global network and a standard form of electronic data interchange (EDI). It enables enterprises to digitally transact with other connected companies on the network. Singapore became the first Peppol Authority outside of Europe. There are now over 40,000 Singaporean businesses connected to the Peppol Network.
IMDA is the Peppol Authority responsible for overseeing Peppol across Singapore . This includes areas like the definition of domestic rules and governance of the network. IMDA are responsible for ensuring conformance of standards, and approving InvoiceNow service providers.
How can InvoiceNow Peppol Help Your Business?
When implemented with the right partner, InvoiceNow can help your business overcome:
Drive Automation With All Your Suppliers
Forget the hassle of individual supplier connections. With our solution, you connect once and gain access to the entire Peppol network. We know some of your suppliers might not be connected. We can guide them through the process with a range of options. This ensures you can enjoy the benefits of e-invoicing with all your suppliers.
Boost Efficiency, Slash Costs
Say goodbye to manual data entry, lost invoices, and chasing missing information. eInvoicing automates the entire process, freeing your team for more strategic tasks. Our clients have seen invoice processing costs plummet by 21% to 66%.
Combat Invoice Fraud
Worried about fake invoices? Our secure system automatically verifies sender identities and bank account details. The Peppol network itself adds another layer of security. Our systems must meet stringent security protocols, like ISO27001 standards. This covers things like – intrusion prevention, multi-factor authentication and data encryption.
Unlock Faster Payments
Late invoice payments can strangle your cash flow. eInvoicing eliminates the risk of lost invoices slowing down the process. Buyers benefit too, as they don’t miss out on early payment discounts due to delays.
How Can Valtatech Get Me Started With InvoiceNow?
We'll guide you through every step to ensure a smooth and speedy onboarding process. Here's what to expect:
Quick Start
Establish our partnership and sign a non-disclosure agreement (NDA).
Requirements Analysis
We’ll work closely with you to understand your specific needs.
Process Mapping
We’ll analyse your current processes and tailor our e-invoicing solution to fit seamlessly.
Implementation
Our team will handle the setup, testing and implementation. We’ll get your e-invoicing solution up and running in no time at all.
