What is the InvoiceNow?
InvoiceNow has the ability to send an invoice digitally between the different accounting systems of business suppliers and customers.
Unlike traditional invoicing which requires a paper or PDF invoice, the invoice is automatically sent to the customer’s accounting system through a secure network. The invoices are then automatically populated into the expense module of the customers, eliminating tedious data entry while improving efficiency.
This means businesses do not need to handle anymore paper or PDF invoices!
This is Infocomm Media Development Authority (IMDA)’s National E-Invoicing Initiative in Singapore.
Benefits of InvoiceNow?
Avoid error-prone manual data entry
Invoice delivered immediately
Results in faster invoice processing, validation and payment times
No more printing of paper invoices
Easy storage and retrieval online
How to set up InvoiceNow?
InvoiceNow Sign Up Form
Accounting Consultancy is a Professional Accounting Firm in Singapore with qualified accountants. Over the years, our focus is to provide Professional, Personalised & Prompt accounting services to local and international clients. As a result, our organization grew rapidly over the years, attaining many awards and certifications.