MELBOURNE – 21st November 2019 – MessageXchange has been certified by the Australian and New Zealand Peppol authorities, the Australian Taxation Office (ATO) and the Ministry of Business, Innovation and Employment (MBIE) respectively, as the first Peppol Access Point service provider for e-invoicing in Australia and New Zealand. Estimates indicate e-invoicing could save the Australian economy alone $28 billion over ten years.
E-invoicing through the Peppol standard enables businesses to easily exchange invoices electronically, from a supplier’s software directly to their customer’s software. The standard was developed by Peppol and the e-invoicing network is governed by the international standards body, OpenPEPPOL.
MessageXchange’s Access Point lets organisations send and receive Peppol e-invoices electronically, removing the need for unnecessary data entry and inaccurate optical character recognition (OCR) scanning. The Peppol e-invoicing standard lowers the barriers and fosters adoption of e-invoicing. The model is based on four corners, where corners one and four are the supplier and customer, and corners two and three are Access Points, which connect to other Access Points.
John Delaney, Managing Director, MessageXchange, said, “MessageXchange is thrilled that to be the first Peppol-certified Access Point service provider in Australia and New Zealand. E-invoicing can provide huge efficiencies and cost savings to businesses, being 60 to 80 per cent more efficient than paper-based processing. This certification is testament to the commitment of MessageXchange to meet the Peppol standard and bring efficiencies to Australian and New Zealand businesses.”
MessageXchange is at the forefront of e-invoicing and can help businesses needing an e-invoicing Access Point. This includes software companies offering e-invoicing to their customers, as well as businesses that need to connect their existing software to the Peppol e-invoicing network. The company has long been involved in establishing e-invoicing in Australia as a member of the ATO Strategic Working Group, the ATO Digital Service Provider Architecture Reference Group (DARG) and OpenPEPPOL.
John Delaney said, “E-invoicing is becoming a critical tool for Australian organisations. It removes the need for data entry and its inherent errors. Sending invoices electronically significantly reduces chances of it getting lost and shortens the time it takes to receive an invoice, reducing payment times. With the Australian Government recently announcing it will pay e-invoices within five days, e-invoicing is set to take off.”
MessageXchange is an innovative Australian-based cloud B2B integration service provider. Our solution can streamline business operations and provide visibility and business insights.
Founded in 1996, MessageXchange today processes more than 100 million messages each year for customers such as Target, Harvey Norman, Costco Australia, The Good Guys and Telstra.
Ellen Tjahjana, email@example.com, 0405 094 840