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E-Invoicing in Singapore
Singapore promotes e-invoicing through InvoiceNow on the Peppol network. Currently voluntary with incentives for adoption.
B2G (Business to Government)
Voluntary
Electronic invoicing requirements for transactions with government entities and public sector organizations.
B2B (Business to Business)
Voluntary
Electronic invoicing requirements for transactions between private businesses and commercial entities.
Supported Formats
Peppol BISUBL
Additional Notes
Government incentives for SME adoption. No mandate yet.
Open Banking + E-Invoicing in Singapore
Combining e-invoicing with Open Banking creates powerful automation opportunities. Open Banking APIs enable real-time bank transaction access for automated invoice reconciliation, while Payment Initiation Services (PIS) allow instant payments directly from e-invoices.
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Auto-Reconciliation
Match bank transactions with e-invoices automatically
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Instant Payments
Pay invoices with one click via PIS
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Cash Flow Visibility
Combine invoice & bank data for forecasting
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