What is InvoiceNow in Singapore?

InvoiceNow is a nationwide e-invoicing network that enables businesses to send and receive invoices digitally in a standardised format. It is based on the Peppol framework and managed by IMDA.

How does InvoiceNow work?

InvoiceNow sends a structured e-invoice from your accounting system straight into your customer's accounting software, without PDFs or email. This system-to-system exchange reduces errors and streamlines the entire billing process.

What is GST InvoiceNow?

GST InvoiceNow is the GST-compliant version of InvoiceNow, where all invoice data is transmitted in a standardized format required by IRAS. It supports more accurate GST reporting and simplifies audits.

Is InvoiceNow mandatory for businesses in Singapore?

Yes, InvoiceNow is being mandated in phases for GST-registered businesses in Singapore. The rollout begins from 1 May 2025, with different phases for businesses based on their annual revenue and GST registration status.

What are the benefits of using InvoiceNow?

Businesses benefit from faster invoice delivery, fewer manual errors, more accurate GST reporting, reduced admin work, and better cash flow. InvoiceNow also enhances security by transmitting invoices through the Peppol network.

What do I need to start using InvoiceNow?

All you need is an InvoiceNow-Ready Solution Provider (IRSP) like Jaz. Register your UEN, activate your InvoiceNow channel, and you can start sending e-invoices immediately.

What if my customers are not on InvoiceNow? Can I send both PDF and InvoiceNow e-invoices?

Yes. Jaz allows you to send a traditional PDF invoice and an InvoiceNow e-invoice at the same time, ensuring flexibility for customers not yet on the network.

Is InvoiceNow secure?

Yes. InvoiceNow uses the authorised Peppol network, the leading global framework for digital invoicing. Jaz adds additional protection with ISO 27001 and SOC 2 compliance to safeguard your financial data.