If it ain’t broke, don’t fix it is a great motto for your trusty old lawn mower—but when it comes to invoicing, we prefer, Out with the old and in with the new!
eInvoicing is quickly becoming the standard in New Zealand, and it’s easy to see why. By exchanging invoices directly between accounting systems, eInvoicing…
- Streamlines payments for improved cash flow.
- Boosts accuracy by eliminating data entry errors.
- Saves time and money by reducing admin tasks.
- Enhances security with invoices sent directly between trusted networks.
No delays. No manual entry. No admin headaches!
The Government Is leading the way
The New Zealand government is stepping up its commitment to eInvoicing with new rules that will have a ripple effect across the business community.
- 1 January 2026: government agencies processing over 2,000 domestic invoices annually must use eInvoicing and pay 95% of these invoices within five business days.
- 1 January 2025: approximately 135 agencies must pay 90% of all domestic invoices—whether eInvoiced or not—within 10 business days.
Small Business and Manufacturing Minister Andrew Bayly explains:
‘Given 97 per cent of all businesses in New Zealand are small businesses, it is crucial for our broader economic success that government agencies pay their invoices quickly.’
Even if your current system isn’t ‘broken’, it’s time to make the change
An eInvoicing-capable system ensures seamless collaboration with government agencies, faster payments, and streamlined processes.
For more information or advice, get in touch. We’re here to help make the transition easy.
Disclaimer: This blog has been carefully prepared, but it has been written in general terms only. The blog should not be relied upon to provide specific information without also obtaining appropriate professional advice after detailed examination of your particular situation.
