InvoiceNow is a nationwide E-invoicing method that facilitates the direct transmission of invoices in a structured digital format across finance systems.
This helps both Small and Medium Enterprises (SMEs) and Large Enterprises (LEs) enjoy smoother Invoicing, faster payments and a better way to save the environment. Learn more
With InvoiceNow, you and your recipients can enjoy a standardised e-invoicing format and transact easily via PayNow.
Collect payments with ease when you link your PayNow account to InvoiceNow.
The InvoiceNow is a set of open standards and specifications which enables the exchange of standardised documents, such as e-invoices, between businesses via a secure network.
The nationwide E-Invoicing network implemented by IMDA in 2019 is an extension of InvoiceNow.
InvoiceNow is a way for a business to send a standardised digital e-invoice to another business via a secure network.
Today, an invoice would typically be a hardcopy document or a PDF file sent to the recipient's organisation by postal service or email. The recipient will then have to re-enter the details of the invoice into his/her own accounting system. Similarly, you may be receiving many e-invoices in the form of PDFs and require someone to manually input the invoice details or scan the pages of your invoices into the system. These manual interventions and transactions are time consuming and prone to errors.
Unlike sending a physical document or a PDF file, an InvoiceNow invoice is sent automatically to the buyer's InvoiceNow approved system via a secure network. There's no manual work needed.
InvoiceNow is free to use on OCBC Velocity. Sign up now if you have not subscribed to OCBC Velocity.
Seamless invoice and expense management, making account receivable and account payable effortless
No physical contact needed, no crowd. Open your business account online and get your account number on the spot. Simple, safe and convenient.
Take your business forward with OCBC Velocity. Maximise our powerful features and advanced tools to grow your business more effectively in this modern economy.
Infocomm Media Development Authority
Go Digital
SMECEN
Xero
Infocomm Media Development Authority
Go Digital
SMECEN
Xero
Email* us at peppoladmin@ocbc.com to register your business for Peppol online.
Alternatively, email* us at peppoladmin@ocbc.com using the following template:
To OCBC Bank,
Please use the details below to register my company on the nationwide E-Invoicing network (an extension of the International Peppol E-Delivery Network) implemented by IMDA.
1. Company name:
2. Country of business registration:
3. Singapore registered Unique Entity Number (UEN) or Foreign registered Business Registration Number (BRN):
If you need to register multiple UEN/BRNs:
We will update you on the status of your registration by email.
*Please note that by emailing us, you are deemed to have:
