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In recent years, the use of e-invoicing in Asia has experienced significant growth. This has led to the region being on track to achieve one of the highest annual growth rates for e-invoicing.
PEPPOL was launched in 2008 as an EU initiative to facilitate the development of e-procurement in Europe. Its primary goal is to provide a secure and reliable exchange of different types of data sets between end-users via PEPPOL service providers.
E-invoicing implementation through the PEPPOL network plays a pivotal role in the digital transformation process of countries. Its extensive acceptance, continual enhancements and inherent advantages enable a remarkable enhancement of business operations in Australia and New Zealand.
E-invoicing in the United Kingdom began to take shape in 2010 with the establishment of the National e-Invoicing Forum. This forum aimed to promote electronic invoicing in both the public and private sectors of the country.
PEPPOL was created in 2008 as a pilot Project by the European Comission and is governed by a set of specifications and standars based on multilaterals agreements. Its acronyc stands for Pan-European Public Procurement Online (PEPPOL).
PEPPOL is a set of standards and specifications enabling cross-border eProcurement among the various European countries. The use of this network is governed by a multi-lateral agreement structure born during the development of the Pan-European Public Procurement Online project, which took place between May 2008 and August 2012. These requirements are currently owned and maintained by OpenPEPPOL; an international non-profit association which emerged in 2012 once the PEPPOL project concluded.
