eInvoicing Software
Manage your cash flow and reduce business admin with electronic invoicing. Send and receive invoices with suppliers and customers, quickly, safely, and easily - even if they don't use Access software.
Why eInvoicing?
The Australian Government requires all Australian Commonwealth Government agencies to be able to receive Peppol eInvoices. That means that if you do business with any government agencies, you need to be set up to send and receive eInvoices.
The New Zealand government has also set it's Central Government agencies a timeline to be able to receive eInvoices by 31 March 2022.
Even if you don't work with Government agencies, there are significant benefits in adopting eInvoicing for your business. Many businesses are benefiting from this solution, with some even offering beneficial trading terms for companies willing to transact in this way.
Take back control
No more lost invoices or wondering about the status of your payments. Track when they’ve been received, approved and processed. Follow your invoices from start to finish.
Save time & money
According to the Australian Tax Office, it costs businesses around $30 to process a paper invoice and $27 for an emailed PDF invoice. The cost of processing an eInvoice is less than $10. Businesses are also paid faster using eInvoicing, which is great news for your bottom line.
Secure & Compliant
eInvoicing software built on the Peppol framework means your information is secure and if transacting with Government agencies, you will be compliant with ATO deadlines.
Good for the planet
Say goodbye to paper invoices and emails with PDFs that need to be printed and reviewed. Less paper means a smaller environmental footprint, and that’s a feature we can all get behind.
Safe, secure & reliable
eInvoices are exchanged securely through a standardised network called Peppol, which enables diferent accounting systems to connect and exchange data. The network uses the buyer's and supplier's business identifer number, and the information feeds directly into your accounting software at the click of a button.
Eliminate human error
With the need for sorting, printing and keying in data removed, eInvoicing cuts out many manual functions that can lead to mistakes and even more time wasted on processing invoices. The technology uses standardised data that is validated before the invoice hits your accounting software and is processed automatically.
Interested in using eInvoicing to speed up your invoicing process?
Find out more about eInvoicing and how you can take some of the headache out of your invoice management.
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eInvoicing Software FAQs
When do I need eInvoicing in New Zealand?
The New Zealand Government has set a timeline for delivering eInvoicing, with Central Government agencies required to be capable of receiving eInvoices by 31 March 2022. It's aim is to have 90% of all invoices it receives be einvoices by July 2026.
Although not mandatory, not being able to deliver eInvoices could lead to slower payments of invoices as they need to go through slower manual approvals.
What is eInvoicing?
eInvoicing is the direct exchange of invoicing data between any 2 accounting systems. It allows for the secure exchange of key invoicing data meaning less manual data entry mistakes, faster processing of invoices, and therefore improved business cash flow.
Why is eInvoicing important to your business?
It is now a requirement that any organisation doing businesses with an Australian Commonwealth Government agency must be fully equipped to receive and process invoices in this manner. But the benefits for every make eInvoicing a wise choice.
According to the Australian Tax Office, it costs businesses around $30 to process a paper invoice and $27 for an emailed PDF invoice. The cost of processing an eInvoice is less than $10. Businesses are also paid faster using eInvoicing, which is great news for your bottom line.
With its advanced functions, eInvoicing can help manage cash flow better and optimise processes for business admin. This ensures businesses can send and receive invoices with suppliers and customers in a quick, safe, and seamless manner.
How much does Access eInvoicing cost?
Set-Up costs start from $350 and include the following:
|
Monthly Invoices – Up To |
Pricing (for existing Access Workspace customers) |
Without Access Workspace |
|
50 |
$50 |
POA |
|
100 |
$85 |
POA |
|
250 |
$200 |
POA |
|
500 |
$375 |
POA |
|
1,000 |
$700 |
POA |
|
2,500 |
$1,500 |
POA |
|
5,000 |
$2,500 |
POA |
|
10,000 |
$4,500 |
POA |
What is the Peppol Network?
eInvoices are exchanged securely through a standardised network called Peppol, which enables different accounting systems to connect and exchange data. The network uses the buyer's and supplier's business identifier number, and the information feeds directly into your accounting software at the click of a button.
To start their eInvoicing, businesses must be connected to the Peppol network – the primary procurement platform for the ATO. It is in Peppol that ATO approved service providers can securely deliver eInvoices.
From micro-sized to small- and medium-sized businesses, eInvoicing reduces the number of steps to create, process, and manage invoices. Fast, efficient, and reliable, its cost- and time-saving functions can scale accordingly as it helps companies easily connect and do business with each other.
What are the benefits of eInvoicing?
With eInvoicing sellers no longer need to print paper invoices or create PDF invoices to be mailed or emailed to buyers. Buyers also no longer need to manually enter invoice data into their accounting system. eInvoicing improves accuracy and security whilst speeding up processing times and payment.
To sum up the benefits of eInvoicing are:
- Reduced admin for both buyers and sellers
- Faster payments for sellers
- Cost savings for both buyers and sellers
- Less errors for buyers and sellers
- Direct and secure connections between buyers and sellers
- Less environmental impact