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What is InvoiceNow?

InvoiceNow is actually a form of Electronic Data Interchange (EDI) that allows direct transmission of invoices in structured digital format from one finance solution to another using the Nationwide E-delivery network which is based on Peppol.

In Singapore’s context, Infocomm Media Development Authority (IMDA) has implemented the Pan-European Public Procurement On-Line (PEPPOL) E-invoicing standard. Simply put, this standard generates invoices that contain structured data; data that is in a particular format so that it can be processed automatically and arrives at the receiving party in a format that’s immediately ready to be processed for payment, with no need for any details to be keyed in all over again. You can send invoices digitally between accounting systems of buyers and suppliers.

Companies that adopt this nationwide E-invoicing network will cut down on physical paper trails thereby becoming more eco-friendly, efficient and enjoy cost reduction in the process.




Streamlined operations

Faster digital invoicing shortens the validation and payment process thereby improving cash flow while reducing errors with improved efficiency.

International transactions

Being on the E-invoicing network means you can seamlessly invoice overseas partners conveniently.

Greener business

Reduce paper usage and play a part in reducing Earth’s carbon footprint while saving operational cost.

Our PSG solutions

 

As a Peppol Ready Solution Provider.  Neu Media Technology LLP can help your business improve efficiency, reduce cost, enjoy faster payment cycles and transact internationally seamlessly via the Peppol Network when your company adopts one of our PSG solutions which incorporates Peppol e-invoicing as an integral part of the implementation.  

At the same time, enjoy up to 80% Government Subsidy to implement NMTODOO Basic, Standard and Premium software packages. Please contact us for more information.