This framework is currently used for e-invoicing in 32 countries across Europe, Asia and North America. Australian and New Zealand businesses currently process around 1.3 billion invoices annually and the adoption of e-invoicing will see them save over USD 30 billion in transaction costs over the first 10 years.
The Australian and New Zealand Prime Ministers have also established the Australia New Zealand Electronic Invoicing Board (ANZEIB), which will set the direction on how e-invoicing will be rolled out over the next few years. The board is expected to meet for the first time in March 2019.
The Australian and New Zealand governments are aiming for a transition to PEPPOL by the end of 2019, with e-invoicing being available to New Zealand businesses from that time.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.