Reduce errors and delays with InvoiceNow e-invoicing
Exchange e-invoices between the accounting software of businesses and the Singapore government using the InvoiceNow network for efficient, secure invoicing.
Instant invoicing.
What InvoiceNow e-invoicing is
InvoiceNow is a Singapore government initiative designed to make exchanging invoices and doing business more efficient. It’s a quick, easy and secure way to send invoices directly from, and receive them directly into, a business’s accounting software.
InvoiceNow uses the Peppol network
E-invoices are sent between accounting systems via Peppol’s secure global public network rather than email.
Government committed to e-invoicing
The Singapore government leads the way on e-invoicing and all government departments can receive e-invoices.
Bills automatically prepopulated
E-invoicing does away with manually entering bills, reduces errors and delays getting paid, and lowers costs.
Free registration for InvoiceNow
Register with the Peppol network from within Xero using your CorpPass to start receiving e-invoices.
Benefits of eInvoicing
The benefits of e-invoicing, as described by the Singapore government include the following.
- Faster payment of invoices
- Improves efficiency through reducing tedious manual processes and time-consuming manual data entry
- Reduces costs through streamlined processes and fewer errors
Singapore government e-invoicing commitment
Since the Singapore government launched e-invoicing in 2019, the nationwide e-invoicing network, InvoiceNow, has become the preferred channel for submitting invoices to government agencies. The government encourages businesses to adopt e-invoicing with advice and resources at the IMDA website.
Learn about the Singapore government’s support for e-invoicing
E-invoicing for Xero businesses in Singapore
Xero customers can send and receive e-invoices from businesses and Singapore government agencies that are registered for InvoiceNow.
Learn more about eInvoicing in Xero
More about InvoiceNow and e-invoicing
InvoiceNow is part of a Singapore government initiative to help businesses be paid on time by improving the way they interact with each other. Through digitising and using e-invoicing software, businesses can lower their costs by improving payment times.
See why governments are promoting e-invoicingInvoiceNow is part of a Singapore government initiative to help businesses be paid on time by improving the way they interact with each other. Through digitising and using e-invoicing software, businesses can lower their costs by improving payment times.
See why governments are promoting e-invoicingIMDA in Singapore, ATO in Australia, HMRC in the UK, IRB in Malaysia, and MBIE in New Zealand all use Peppol as the global network provider for e-invoicing. They’re at various stages of adopting e-invoicing as take up accelerates and is accepted as best practice around the world.
Search for registered businesses in the Singapore Peppol directoryIMDA in Singapore, ATO in Australia, HMRC in the UK, IRB in Malaysia, and MBIE in New Zealand all use Peppol as the global network provider for e-invoicing. They’re at various stages of adopting e-invoicing as take up accelerates and is accepted as best practice around the world.
Search for registered businesses in the Singapore Peppol directoryPrompter payment and cost savings are among the benefits of e-invoicing. The IMDA reports that the US Federal Reserve Bank of Minneapolis in 2017 showed that 45% of paper invoices were paid on time compared to around 92% of e-invoices. And the IMDA states that research into cost reductions indicates that senders of e-invoices can save about 59% and recipients can save 64% compared to using paper-based processes.
See InvoiceNow FAQS, question 18 (PDF)Prompter payment and cost savings are among the benefits of e-invoicing. The IMDA reports that the US Federal Reserve Bank of Minneapolis in 2017 showed that 45% of paper invoices were paid on time compared to around 92% of e-invoices. And the IMDA states that research into cost reductions indicates that senders of e-invoices can save about 59% and recipients can save 64% compared to using paper-based processes.
See InvoiceNow FAQS, question 18 (PDF)E-invoicing is included in Xero Starter, Standard and Premium plans; you don’t need to purchase any additional add-on or external service, and advisors can register on behalf of their business clients. Businesses will still receive paper invoices and bills by email and other methods as well.
Learn how e-invoicing works in XeroE-invoicing is included in Xero Starter, Standard and Premium plans; you don’t need to purchase any additional add-on or external service, and advisors can register on behalf of their business clients. Businesses will still receive paper invoices and bills by email and other methods as well.
Learn how e-invoicing works in Xero
Set up for InvoiceNow with Xero
Get started with e-invoicing in a few simple steps if you’re on a Xero Starter, Standard or Premium plan.
Register with Peppol from Xero
Connect Xero to e-invoicing app Invoici using your UEN, and authorise your Peppol account with your CorpPass.
Send and receive e-invoices
Share your Peppol ID with suppliers so they can send e-invoices to you, and enter customer IDs to send them.
Watch for draft bills in Xero
Check regularly for e-invoices that have arrived in Xero as bills to pay. Then just approve and pay the bills.
See how to receive e-invoices and what to do when you receive the
Try Xero free for 30 days
Access Xero features for 30 days, then decide which plan best suits your business. Note: eInvoicing isn’t available in the free trial.
Explore more about eInvoicing
What you need to know about InvoiceNow
Discover how e-invoicing with InvoiceNow is the easier way to invoice in this Xero blog.
Estimated savings: $8 per e-invoice
IMDA estimates cost savings of $8 per invoice processed via InvoiceNow. (The Straits Times, Nov 2021)
What e-invoicing means for business
Learn how e-invoicing helps small business and why the Singapore government supports it.