What’s new with eInvoicing

Recent market research shows businesses already using eInvoicing are finding their invoices processes are easier because of time savings, knowing there are no lost invoices, and the enhanced security it offers.

73% of eInvoicing users agree that it will save time (vs 49% for non-users), invoices won’t get lost (51% vs 33% for non-users) while a third of all respondents agreed that security is a benefit.

eInvoicing continues to gain momentum in New Zealand. Most small businesses have access to eInvoicing in their software, like Xero and MYOB users, or through free eInvoicing portals. Businesses registering to receive eInvoices and transacting eInvoices also continues to grow and other metrics are also going in the right direction. Check out the October stats here.

Large businesses show their commitment to eInvoicing with Spark New Zealand and ACC recently became enabled to receive eInvoices. Representatives from some of NZ’s most influential organisations met earlier this month. You can read about their commitment and progress in implementing eInvoicing for their business here:

eInvoicing Adoption Leaders Group minutes – 3 November 2023 | eInvoicing.