News and updates

How eInvoicing enables faster payments to reduce supply chain disruptions

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

eInvoicing Adoption Leaders Group minutes – 3 November 2023

Supporting CA ANZ members

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

Why the New Zealand Business Number is essential for eInvoicing

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.

Research highlights the importance of accountants in raising awareness and understanding of eInvoicing

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.

eInvoicing reduces the risk of invoice fraud

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

eInvoicing becoming the new norm for New Zealand businesses

With 10,000 businesses across New Zealand registered to receive eInvoices and this number growing daily, eInvoicing is fast becoming the new norm.

eInvoicing Adoption Leaders Group minutes – 8 May 2023

Efficiency gains of eInvoicing kicking in as major players hit ‘send’

With more and more large businesses ready to send eInvoices to their business customers, the benefits for small businesses on the receiving end are about to accelerate.

eInvoicing Adoption Leaders Group minutes – 31 October 2022