Business making the shift to e-invoicing

Business making the shift to e-invoicing

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From July 2022, e-Invoicing using the Peppol framework will be mandatory for all Commonwealth Government agencies, which will accelerate the adoption of e-Invoicing in Australia.

Despite the reports that it costs a business approximately $20 each time they create a paper receipt, it’s estimated that up to 90% of small and medium business in Australia still use paper-based processes.

Moving to e-invoicing isn’t just about meeting a government mandate, it’s about creating an efficient, streamlined system within the business that also provides insight into customers and their spending trends.

Having easy access to this data provides a strategic approach to decision making, giving businesses a competitive edge in the market, by understanding their customers habits.

Kofax enables organisations to Work Like Tomorrow™—today.

Their intelligent automation software platform and solutions digitally transform information-intensive business workflows. Customers realise faster time-to-value and increased competitiveness, growth and profitability by combining Kofax’s cognitive capture, RPA, process orchestration, analytics and mobile capabilities while increasing business resiliency and mitigating compliance risk.

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