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InvoiceNow is Singapore's nationwide e-invoicing network that enables businesses to exchange invoices digitally in a structured format. Built on the Peppol framework, InvoiceNow allows invoice data to flow directly between systems, reducing manual processing and errors.
Together, InvoiceNow and Peppol support the adoption of e-invoicing in Singapore by helping businesses exchange invoices more efficiently with both other businesses and government agencies, while improving accuracy and meeting local compliance requirements.
How Peppol-Ready InvoiceNow help in your business growth?
Faster Invoice Exchange
Send and receive invoicies digitally with less delay.
Fewer Manual Errors
Reduce re-keying and improve data accuracy during invoice processing.
Invoice Status Visibility
Keeps a record of invoices received or responded to.
Improved Cashflow
Shorten payment cycles through faster invoice processing.
GST-ready Invoicing
Support GST Reporting with structured Invoice Data.
Future Ready Compliance
Prepared for evolving InvoiceNow requirements.
How InvoiceNow Works for B2B and B2G Transactions
The diagram highlights the flow of sales and purchase invoices, advance order data, and invoice responses between sellers, buyers, and government agencies using InvoiceNow.
1. Sender Creates Invoice: A business creates an electronic invoice using their accounting software or invoicing system. 2. Transmission via Access Point: The sender sends the invoice electronically through a certified Peppol Access Point. This Access Point acts as a gateway to the Peppol network. 3. Recipient Identification: The sender includes the recipient's Peppol Identifier (known as the PEPPOL ID), typically their Participant ID, within the invoice. 4. Routing to Recipient: The Access Point routes the invoice to the Peppol network, where it's directed to the recipient's Access Point based on their Peppol Identifier. 5. Recipient Receives Invoice: The recipient's Access Point receives the invoice and delivers it to the recipient's designated system for processing. 6. Processing and Payment: The recipient processes the invoice, verifies the details, and proceeds with payment as necessary. This can all be automated within the recipient's system. 7. Confirmation and Acknowledgment: Once the invoice is received and processed, the recipient's system can send back acknowledgment or confirmation messages through the Peppol network to the sender, confirming receipt and processing. 8. Completion: The invoicing process is completed electronically, without the need for manual handling of paper documents, leading to faster, more efficient transactions for both parties involved.In essence, Peppol facilitates the secure and standardized exchange of electronic documents, such as invoices, between businesses, ensuring seamless communication and streamlined processes.
Why work with J&P Consulting?
IMDA Pre-Approved Solution Provider
Our Microsoft Dynamics 365 Business Central Solution is listed as IMDA Pre-approved solution, supporting GST InvoiceNow and selected B2G requirements.
PSG Grant Support Available
Eligible businesses may apply for up to 50% Productivity Solutions Grant (PSG) support when adopting InvoiceNow with J&P Consulting.
Available on CTO-as-a-Service
Find our solution on the IMDA CTOaaS platform and apply directly through the portal.
Get Peppol-ready effortlessly with Microsoft Business Central integration. Streamline your invoicing process and ensure compliance in just a few clicks.""Unlock the power of Peppol with seamless setup using Microsoft Business Central. Simplify e-invoicing and stay ahead of regulatory requirements effortlessly.
