SINGAPORE, Jan 11 (Bernama-BUSINESS WIRE) — The Accounts Payable Automation solution of xSuite Asia Pacific Pte. Ltd. is now “Peppol ready.” For this purpose, the Infocomm Media Development Authority (IMDA) has awarded the software producer the distinction of “IMDA Pre-Approved Peppol-Ready Solution Provider” and lists xSuite on its website as a “Peppol Ready Accounting Solution Provider.” Peppol is an international network for the electronic exchange of documents and data. In Singapore, electronic invoices will be exchanged in the new invoice format InvoiceNow.
Using xSuite’s solution, companies can send, receive and correctly display electronic invoices in accordance with IMDA standards. The associated workflow also ensures SAP-integrated, automated processing of incoming invoices. Through xSuite, companies can register themselves on the platform for the Service Metadata Publisher (SMP) for Singapore’s Nationwide E-Invoicing Network. The product is geared toward Singaporean companies that use SAP ERP or SAP S/4HANA and that aim to accept and process electronic invoices.