New Zealand’s Inland Revenue turns on e-invoicing through MessageXchange to pay suppliers sooner
After the New Zealand and Australian governments reached an agreement on a common trans-Tasman e-invoicing approach in late 2019, NZIR became the first government agency to begin the journey to enable e-invoicing.
The focus for New Zealand Inland Revenue (NZIR) was to pay invoices early to help suppliers’ cash flow and to give them a seamless experience.
The main criteria NZIR looked for was:
- a certified Access Point
- the ability to connect to its Oracle Cloud ERP
- the ability to map e-invoices to the native Oracle file
- high service levels
- a high level of security and robust disaster recovery plan
- a competitive pricing model
- a future-proof partner.
Now NZIR is gearing up to onboard suppliers and reach the target of paying 95% of invoices in 10 business days. Find out about their journey.
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