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E-invoicing, SCF & E-procurement

Singapore mandates nationwide e-invoicing

Wednesday 10 July 2019 | 02:40 PM CET

Singaporean Infocomm Media Development Authority (IMDA) has implemented the nationwide E-Invoicing framework with the Singaporean industry since the beginning of 2019.

Basware, the provider of networked source-to-pay solutions, e-invoicing and financing services, has been engaged with the Singapore IMDA since early 2018 and is a provider in PEPPOL adoption across the region. The company has been approved by IMDA and is operational as a certified access point. It means that Basware’s customers and their suppliers can conduct e-invoicing in accordance with defined and required formats.

It is anticipated that the work in Singapore will become a benchmark for other markets in APAC, including Australia and New Zealand.

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