Esker Recommended PEPPOL Access Point by IMDA in Singapore
SINGAPORE— 10 January, 2019 — Esker, a worldwide leader in document process automation solutions and pioneer in cloud computing, announced today that it is a certified PEPPOL (Pan-European Public Procurement On-Line) Access Point authorised by the Info-communications Media Development Authority (IMDA), a statutory board of the Singapore government. This accreditation enables Esker to send and receive e-invoices to and from all entities using PEPPOL network.
Singapore is the first Asian country to implement the e-invoice framework based on the PEPPOL standard. PEPPOL is an open network that simplifies document exchanges between companies (e.g., invoices, sales orders, etc.) and ensures standardisation of documents and connectivity.
“By joining the network, our business owners can speed up their transactions and greatly lower operation costs compared to tedious manual invoicing,” said Mr S Iswaran, Minister for Communications and Information. “The improved verification and validation of e-invoicing will also foster greater confidence in transactions, building trust between suppliers and customers. It reduces errors that might otherwise arise from manual processing, and ensures greater timeliness in payments.”
As a certified PEPPOL Access Point, Esker processes sends and receives invoices to any recipient within the PEPPOL network — Esker’s customers are thus deemed “PEPPOL ready.” Businesses using Esker’s automation solutions for invoice exchange via PEPPOL benefit from one platform for customer and supplier invoices and are able to:
- Send or receive invoices via the PEPPOL network or any other media (e.g., mail, email, fax, etc.)
- Handle PDF or other structured data submission
- Get 100% visibility on invoice status
- Provide human-readable supplier invoices and integrate invoice data to customer’s ERP system
- Ensure invoice validation with approval workflow
“Esker is further reinforcing its commitment to worldwide interoperability by becoming a certified PEPPOL Access Point in Singapore,” said Jean-Michel Bérard, CEO at Esker. “Singapore is set to become one of the fastest adopters of the PEPPOL infrastructure and we are excited to help contribute to the growth of e-invoicing and the digital economy.”
Esker is a worldwide leader in cloud-based document process automation software, helping financial and customer service departments digitally transform their order-to-cash (O2C) and purchase-to-pay (P2P) cycles. Used by more than 6,000 companies worldwide, Esker’s solutions incorporate technologies like artificial intelligence (AI) to drive increased productivity, enhanced visibility, reduced fraud risk, and improved collaboration with customers, suppliers and internally. Esker operates in North America, Latin America, Europe and Asia Pacific with global headquarters in Lyon, France, and U.S. headquarters in Madison, Wisconsin. For more information on Esker and its solutions, visit www.esker.com.sg. Follow Esker on Linkedin @Esker asia and join the conversation on the Esker blog at blog.esker.com.sg