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Singapore plans to make Peppol default e-invoicing method for the public sector

24 March 2023
Singapore

The Singaporean government has now announced plans to establish InvoiceNow as the sole means of issuing electronic invoices with all vendors providing goods and services to public sector recipients. InvoiceNow would effectively replace the vendors@gov portal over the next few years, further requiring solution providers to equip capabilities for issuing invoices via the new obligatory method.   The Accountant-General’s Department has already made clear that InvoiceNow is the preferred channel for e-invoice submission, but looking to the future, acknowledges that there are aspects to be introduced to optimize its use further.   The recognition of the importance of adapting invoice...