What is InvoiceNow?
InvoiceNow is a nationwide e-invoicing network that enables companies of all sizes to process invoices in a more efficient manner, reducing business costs and shortening payment cycles. InvoiceNow operates on the open standard Peppol framework, which directly transmits e-invoices in a standard digital format across different finance systems.
Why InvoiceNow?
Watch how InvoiceNow has enabled Sheng Siong to optimise their supply chains and increase operational efficiency to bring convenience to employees and customers alike.
InvoiceNow will help both Small and Medium Enterprises (SMEs) and Large Enterprises enjoy smoother Invoicing, faster digital payments, and a better way to save the environment.
Faster invoicing, quicker payment
Join these businesses who are already benefitting from using InvoiceNow.
InvoiceNow for businesses
Getting connected to InvoiceNow is straightforward. You may not need to change your accounting or finance system.
For SMEs with an existing accounting or finance solution
- Step 1: Check if your finance or accounting solution is Peppol-ready and listed on IMDA’s pre-approved e-invoicing solution provider list.
- Step 2: Get your Peppol-ready e-invoicing solution provider to activate the InvoiceNow feature on your existing solution.
- Step 3: You are ready to InvoiceNow! Send and receive invoices directly through your finance or accounting system.
For SMEs without an existing accounting or finance solution
You can consider these free solutions with basic InvoiceNow capabilities.
Get in touch with an IMDA pre-approved Access Point Provider to help you connect to the Peppol Network.
Find out more about the grants and incentives you are eligible for when you connect your system to InvoiceNow and start transacting.
InvoiceNow for government vendors
About 50% of government vendors are now registered on the nationwide e-invoicing network, InvoiceNow. The Government will implement InvoiceNow as the default e-invoice submission channel for all Government vendors who are registered businesses within the next few years and will eventually replace the Vendors@Gov portal. We strongly urge vendors who are onboard the network to start sending e-invoices through this channel and those who yet to come onboard to do so as soon as possible.
The Government will implement InvoiceNow as the default e-invoice submission channel for all Government vendors within the next few years.
Chee Hong Tat
Senior Minister of State, Ministry of Finance
1. How to use InvoiceNow as a Government Vendor?
As a government vendor, you can adopt InvoiceNow via the following ways:
Step 1: Check the list of InvoiceNow solutions (54.34KB) supporting Accountant-General’s Department (AGD)’s requirements to know if your current finance or accounting solution is listed.
Step 2: Approach your solution provider to activate the InvoiceNow feature on your existing solution.
Step 3: Refer to the guides from your solution provider on how you can send an e-invoice via InvoiceNow to AGD directly from your finance or accounting system.
Approach an IMDA pre-approved Access Point Provider to help you get connected to the Peppol Network.
There is a LEAD Connect Grant of $30k that is applicable to large enterprises with their own finance/ ERP solution to help subsidise the implementation costs.
2. Support for Government Vendors
- The complimentary clinic session provides attendees with a comprehensive understanding of InvoiceNow, and to equip them with the knowledge and tools necessary to ensure a smooth transition to InvoiceNow. Both the Finance and IT personnels are highly encouraged to attend the session together.
- Click here to access the registration link for InvoiceNow Enterprise Clinic (Each company may register a maximum of 3 participants for the session)
Kindly fill in your enquiry in this form should you require assistance on how to onboard and use InvoiceNow: http://www.go.gov.sg/invoicenow-govtvendors-assistance
Find out more about InvoiceNow
- InvoiceNow transforms businesses in Singapore. Read their stories in ENGAGE, a quarterly newsletter.
- Find more information about using InvoiceNow or refer to our InvoiceNow FAQs (114.50KB).
Contact us
If you need to get in touch, please email us at einvoice@imda.gov.sg.