Singapore GST & InvoiceNow (Peppol Network) ERP Framework
Digitalizing B2B Trade in Singapore
Singapore’s Infocomm Media Development Authority (IMDA) promotes InvoiceNow, a nationwide e-invoicing network based on the international Peppol framework. Integrating your ERP with this network allows you to send invoices directly to other companies' accounts packages securely and instantly.
Key Operational Advantages
- Direct Ledger Delivery: Sent invoices drop straight into the customer's ERP as draft bills, bypassing email.
- Faster Payments: Eliminating manual sorting reduces credit periods and boosts business cash flow.
- GST Compliance: Simplifies IRAS GST reporting with clean digital data records.
Aurex and Singapore Localization
Aurex supports Singapore GST tax calculations and directly hooks into the Peppol access point network for seamless document transmission.