eInvoicing Is the New Email: Why Now’s the Time to Make the Switch

eInvoicing may feel new, but so did email once. Some of us still remember when businesses moved from letters to faxes, and then from faxes to email. By the early 1980s, email had arrived faster, cheaper, and more efficiently than anything before it. It didn’t take long for email to replace the fax machine.

The same shift is now happening in invoice processing.

If you remember accounts payable teams manually typing in invoice details from faxed or posted copies, you’ll recall how transformative document scanning and workflow automation felt. But that model, too, is becoming obsolete.

eInvoicing is here, and it’s better.

Across Europe, eInvoicing has already become the standard. In Australia and New Zealand, adoption is just beginning to take off. As of late 2022, around 7,000 businesses in New Zealand and 22,000 in Australia had registered for eInvoicing. It’s like the early days of email again, when businesses started asking, “Do you have an email address so we can send your invoice?” Soon we’ll be asking, “What’s your NZBN or ABN and are you eInvoicing ready?”

The ecosystem is growing fast. Most major cloud accounting and ERP platforms now connect to eInvoicing access points and offer Peppol-compliant eInvoicing to customers. Government departments on both sides of the Tasman are now fully enabled. This means thousands of SMEs who supply government entities are already sending eInvoices directly to their clients.

The shift is underway—and it’s accelerating.

Just like email transformed business communications, eInvoicing will soon transform how companies manage invoices. It’s faster, more secure, and reduces manual handling and errors.

If you’re curious about how your business can prepare, Acume is here to help.

Want to understand how eInvoicing can fit into your existing AP/AR processes?
Chat with the team at Acume—we’ll show you what’s possible.