With more than one billion invoices generated in Australia every year, eInvoicing could save the Australian economy $30 billion over ten years, according to estimates by the country’s Department of Treasury. These savings would be further boosted by a seamless and more efficient ‘Procure to Pay’ experience. The whitepaper titled ‘eInvoicing and the New Payments Platform’, written by NPP Australia in collaboration with INNOPAY, explains how the NPP could facilitate that.
eInvoicing represents a significant opportunity for the country’s economy which could be enhanced by integrating payments into the eInvoicing process using the NPP. This would enable a seamless and more efficient ‘Procure to Pay’ experience in different ways. These are explained in more detail in the recently published whitepaper, written by NPP Australia in collaboration with INNOPAY.