What do you think of when you hear the word “E-invoice?”. Two executives from different companies exchanging emails containing order confirmations and goods receipts, or perhaps e-signing delivery documents?
Unfortunately, that process of exchanging emails is not exactly e-invoicing; nor is it safe, easy or secure.
This is where Peppol steps in.
What is Peppol?
Peppol (also known as Pan-European Public Procurement Online), is a fast, easy & secure way to send your invoices in a standardized format. Unlike the conventional way of sending invoices via email, organizations can send e-invoices securely to buyers’ and suppliers’ accounting systems via Peppol.
How does it work?
Peppol as a Network: Prior to the Peppol Network, Suppliers would manually prepare, scan, sign, and scan delivery orders to various Buyers. This meant different invoices came with different formats which may not be compliant with industry or nation standards. When Buyers & Suppliers come onboard the Peppol Network, the network automatically standardizes formats & country regulations for the invoices being sent.
Think of it this way: Peppol is a centralized platform. There are several access points on the platform manned by service providers. The access points are crucial in allowing e-invoices to transfer from point A to point B safely and that it adheres to the Peppol network standard. The Peppol standard also ensures that less time is spent creating invoices and making mistakes.
How can I be a part of the Peppol network?
All you have to do to be a part of the Peppol network is to have a Peppol-ready enterprise resource planning (ERP) program and find a qualified Peppol Access Point (AP) provider. These AP providers will assist in registering your organization and integrating Peppol into your ERP programs.
And voila, you are now part of the Peppol network!
MPS Solutions; Your One-Stop ERP & Peppol Solutions Provider
With an increasing number of countries and governments mandating a standardized solution to invoicing, Peppol is becoming the industry standard for e-invoicing.
MPS Solutions is one of the few ERP solutions providers that can help you integrate Peppol into your business. So why choose us?
- We are an IMDA Pre-Approved Productivity Solutions (PSG) Vendor
- Certified SAP Business One Partner & Peppol 3.0 Ready
- An extensive team of functional consultants with years of experience; leave the nitty gritty details to us!
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Contact
Phone: +65 6846 9109
Email: salesmps@mpssolutions.com.sg
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Website: mpssolutions.com.sg
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