Electronic invoicing (or e-invoicing) is the automated digital exchange of invoice information directly between a buyer’s and supplier’s accounting systems.
In Australia, the common e-invoicing standard is Peppol, which is an internationally established standard. The Peppol standard allows invoice exchange between different accounting systems.
E-invoicing is a more efficient, accurate and secure way to deal with your suppliers and buyers.
What is PEPPOL?
PEPPOL is a set of artifacts and specifications enabling cross-border eProcurement. The use of PEPPOL is governed by a multi-lateral agreement structure which is owned and maintained by OpenPEPPOL.
PEPPOL is not an e-Procurement platformbut instead provides a set of technical specifications that can be implemented in existing eProcurement solutions and eBusiness exchange services to make them interoperable between disparate systems across Europe.
PEPPOL enables trading partners to exchange standards-based electronic documents over the PEPPOL network (based on a 4-corner model). These documents include e-Orders, e-Advance Shipping Notes, eInvoices, eCatalogues, Message Level Responses, etc.
PEPPOL Access Points connect users to the PEPPOL network and exchange electronic documents based on the PEPPOL specifications. Buyers and suppliers are free to choose their preferred single Access Point provider to connect to all PEPPOL participants already on the network. (‘Connect once, connect to all’).
In this context, PEPPOL Provides:
Market enablement for interoperable e-Procurement solutions
Standards based business process interoperability
PEPPOL eDelivery Network and PEPPOL Transport Infrastructure Agreements which form the technical and legal basis for interoperability
Simplification and improvement of the on-boarding process for buyers and suppliers who want to trade electronically.
Muli are committed to implanting E-Invoicing