News and updates

New Zealand’s Prime Minister Christopher Luxon and his Singaporean counterpart Lee Hsien Loong announced on Monday 15 April 2024 the signing of the eInvoicing Memorandum of Agreement (MoA).

The Government is highly supportive of eInvoicing. It intends to ramp up eInvoicing adoption with government organisations and businesses.

In early February the Director of Digital Agency and Cabinet Secretariat Hiroyuki Kato (Kato-san), from the Japanese government, met with MBIE’s eInvoicing team to learn how the team is growing adoption of eInvoicing in NZ.

Supply chain disruptions can be, well, disruptive for businesses in the construction sector.

eInvoicing continues to be adopted across New Zealand with many businesses and the wider government sector progressively becoming enabled to send and receive eInvoices.

eInvoicing is the smarter, smoother and safer way to invoice. Thousands of small businesses, leading New Zealand businesses and Government agencies are adopting this new way of invoicing.

eInvoicing is the digital exchange of invoice information directly between buyers’ and suppliers’ financial systems, even if these systems are different. It improves accuracy and security, reduces processing time, and speeds up payments.

The Ministry of Business, Innovation & Employment (MBIE) recently commissioned research with Kantar Public. The findings show accountants and bookkeepers are the ‘go to’ for businesses who want to learn more about eInvoicing.

All organisations, regardless of size, are susceptible to invoice fraud. There are potentially devastating impacts to your bottom line, cash flow and reputation.