eInvoicing in New Zealand and Australia – Everything You Need to Know

Australia and New Zealand adopted the Peppol framework in 2019 to ensure they could keep up with international trading partners and take advantage of eInvoicing benefits.
The efficiencies of eInvoicing are expected to give both countries’ economies a boost through faster payments and reduced costs.
Australia has mandated that the entire government sector implement eInvoicing through Peppol by July 2022.
Peppol Authorities in both countries indicate that early adopters from the private sector have gained an advantage over the 90% of small- and medium-sized businesses that continue to process paper-based invoices.
In Australia, 90% of businesses still use manual invoicing processes, while New Zealand has not put many regulations on public sector authorities or private businesses to start transacting through eInvoices.
Peppol is a set of specifications called the Peppol interoperability framework that ensures the smooth exchange of electronic business documents across the eDelivery network.
Within this framework are governance and architecture components, including the network itself, document specifications, and legal framework.

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