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Peppol eInvoicing
in New Zealand

New Zealand is well-known for punching above its weight, and the business sphere provides no exception. Following Singapore in the Asia-Pacific region, New Zealand’s Ministry of Business, Innovation and Employment (MBIE) became the country’s Peppol Authority in 2019, working with the Australian Government to develop a common Trans-Tasman eInvoice standard and helping to promote digital business processes.

Are you a:

Government agency that interacts with external suppliers?
Private sector company that has won a government procurement contract?
B2B business that wants to get ahead of your competitors?
Software provider that wishes to include Peppol as part of your ERP system?

With more than 9,000 New Zealand businesses already capable of receiving eInvoices, you can join them in the projected $4.4 billion worth of cost savings over 10 years. Simply sign up with Tickstar, one of the world’s most established Peppol infrastructure providers! No matter your operational requirements, we will have you leveraging the network in just a few steps!

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Benefits of Peppol eInvoicing with Tickstar

We have worked with Peppol since 2012, growing to be one of the world’s leading infrastructure providers. We provide the connection that allows you to efficiently and securely exchange eDocuments with verified local and international B2G and B2B partners. Tickstar handles setup and maintenance while you enjoy the benefits.

Cost savings

According to New Zealand Government estimates, entities that employ eInvoicing can realise savings of up to 66%. This comes from the fact that it costs less than $10 to process an eInvoice, as opposed to $26 for a paper invoice and $23 for an emailed PDF invoice, owing to the significant reduction in manual handling.

Faster invoice payout

Peppol’s direct secure connection without middlemen allows for faster receival and even the automation of payments. The average 25.1 days that suppliers need to wait before they are paid when using paper or PDF invoices is drastically reduced, examples of which we can see from from Australia, whose government has committed to a 5-day payment window for eInvoices, and Singapore, whose banks are working to provide instant payments upon receiving an eInvoice.

Network security

Payment redirection scams — where a business’s email is compromised and invoices or requests for payment are altered — are still a large problem for businesses. Through Peppol, eInvoices are securely exchanged by partners who are verified by their NZBNs (or relevant country-specific business verification code) and transact through approved service providers. This significantly reduces the risk of fraudulent activity.

User-friendly interface and advanced tools

Refined over 11 years by Tickstar’s Peppol pioneers, we offer expert tools that eclipse those offered by our competitors. This includes our Peppol Validator, Participant Lookup API and Service Metadata Publisher (SMP), designed to ensure you get the most out of your eInvoicing experience within your own applications!

Direct connection to ERP systems

If you’re a larger government agency or enterprise, Tickstar’s API connection allows Peppol to be built into your ERP systems. For software vendors, Peppol can be provided as part of your customised software packages to businesses around the world — opening another revenue stream with ease.

Peppol standard is the world standard

Peppol BIS Billing 3.0 is used by New Zealand (with the A-NZ extension), meaning that just one standard is needed to transact with any other Peppol participant around the world. What’s more, Tickstar handles ongoing updates and changing regulations, meaning you will always be compliant. As the network grows, so do the benefits for those already using Peppol.
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Peppol eInvoicing in New Zealand

Despite a small population and few immediate neighbours, New Zealand is still a strong presence on the global stage, known for progressive leadership and a robust economy. For this reason, it is no surprise that the country was one of the first in the Asia-Pacific region to adopt Peppol, the framework of which provides the basis for eInvoicing, which is in turn a key pillar of the government’s Digital economy work program.

In 2018, Australia and New Zealand signed a Trans-Tasman Electronic Invoicing Arrangement. In the words of the Australian Government, creating a common invoicing approach was to reduce costs, improve productivity, and allow government and industry to take part in the digital economic market. In 2019, both countries established Peppol Authorities, joining Singapore in helping to grow the network in the Asia-Pacific.

Unlike other countries, New Zealand has not put many hard regulations on public sector authorities or private businesses to start transacting through eInvoices. Central government agencies were required to be able to receive invoices electronically from March 31, 2022, but outside of that, New Zealand’s Peppol Authority, The Ministry of Business, Innovation and Employment (MBIE), has relied on simply promoting the many benefits of eInvoicing as a way to achieve the target of a 90% eInvoice rate from business to Central Government by July 2026.

So far, things seem to be working — in the past year, the Peppol network has gained close to 4,000 new registered participants. This places New Zealand in the top 10 countries with the highest absolute growth, and the top 5 for the highest relative growth of participants in the world.

Currently sitting at close to 10,000 registered Peppol users, there is still room for further adoption: you can join the early adopters today, partnering with Tickstar to get the most out this connect once, reach all network.

Want to see more?

With $4.4 billion predicted to be saved over 10 years, entities that want to adopt Peppol and start transacting electronically can calculate their likely savings through New Zealand’s eInvoicing benefits calculator.