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Efficiency Leaders is amongst the first five software companies in Australia to bring an eInvoicing-ready product to market. RapidAP has met the ATO’s rigorous assessment criteria and best practice guidelines to be certified on its product register for businesses seeking an eInvoicing solution.

RapidAP receives, validates and processes Peppol eInvoice data, before passing it to the firm’s finance system for posting and payment. The product is highly configurable, offering options from eInvoicing only, through to automated data capture of all invoices with or without workflow automation.

This week the federal Treasury announced a consultation period for a business eInvoicing right (BER). Under this proposal, a company would be obliged to eInvoice if requested to do so by a trading partner. This scheme could apply to large businesses from as soon as mid-2023.

Executive Director of Efficiency Leaders, Dan Bennett said: “At EL we are committed to bringing the latest and best technologies to our customers and are proud to be amongst the first to market with an eInvoicing-ready product in Australia.

“We look forward to offering existing and new clients an eInvoicing solution to suit their needs. It’s an exciting time in our industry and for the wider economy to benefit from faster and more efficient payments.”

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