Streamline Your Invoicing with InvoiceNow
Unlock efficiency and accelerate payment cycles with InvoiceNow, a nationwide e-invoicing network. Acc Pro (Singapore) is here to guide your company, regardless of size, through the seamless and cost-effective invoicing process.
InvoiceNow Transaction Bonus
Receive $200 when you send 10 E-Invoices within a year!
IMDA has announced the Transact Grants (ITB) of up to $70,000 to encourage enterprises to come onboard InvoiceNow and start transacting e-invoices with their customers and suppliers on the network.
WHAT IS THE INVOICENOW TRANSACTION BONUS?
A $200 bonus for all businesses on the network for sending 10 e-invoices on InvoiceNow.
IS MY BUSINESS ELIGIBLE?
Businesses who have valid and active business UENs and send a total of 10 e-invoices on the network within 12 months from the first e-invoice will receive a bonus payout of $200.*
- Send first e-invoice: receive $50;
- Send remaining 9 e-invoices: receive another $150
*To qualify for ITB, your business must be: (i) a Singapore registered company, (ii) send e-invoices within 12 months of the first e-invoice sent between 1 November 2022 and 31 October 2024 and (iii) must not be an company under the list of excluded entity types.
How does InvoiceNow help your business get paid faster?
Fast billing
Quicker generation of e-invoice and no latency due to postage or courier delays supplier’s end.
Clean data
Minimised manual intervention with structured data format reduces human error.
Automated processing
Straight-through processing and automatic discovery of anomalies and fraud using AI on network data secured through encryption.
Financing and factoring
E-invoicing enables financing options on your invoices so that business suppliers can get cash advances with ease.
Automated process to e-payment
Data accuracy is assured when it originates upstream of the payment process thus, reducing extra effort to check before payment instructions are given.
Setting Up InvoiceNow in Xero / QuickBooks Online
Xero users
Xero E-invoice Guide
QuickBooks Online users
QuickBooks Online E-invoice Guide
Ready to Transform Your Invoicing Process with InvoiceNow?
Frequently asked questions
InvoiceNow is a nationwide e-invoicing network designed to help companies of all sizes process invoices more efficiently. It operates on the open standard Peppol framework, facilitating the direct transmission of e-invoices in a standard digital format across different finance systems.
InvoiceNow streamlines the invoicing process, reducing business costs, and shortening payment cycles. It provides companies with a more efficient and cost-effective way to manage their invoices.
The Peppol framework is an open standard for e-invoicing. InvoiceNow operates on this framework, enabling the direct transmission of e-invoices in a standard digital format. This allows for seamless communication across different finance systems.
Yes, InvoiceNow is designed to benefit companies of all sizes. Whether you’re a small business or a larger enterprise, adopting InvoiceNow can streamline your invoicing process.
InvoiceNow reduces business costs by automating and streamlining the invoicing process. This efficiency leads to cost savings associated with manual processing and paper-based systems.
Yes, InvoiceNow operates on the Peppol framework, allowing for direct transmission of e-invoices across different finance systems. It is designed to be compatible and easily integrated into various business environments.
Contact Us to schedule a consultation. Our team will guide you through the process of adopting InvoiceNow, ensuring a smooth transition to a more efficient invoicing system.
