• VALTATECH JOINS PANEL OF SPECIALIST PEPPOL EINVOICING SERVICE PROVIDERS TO MAKE ITS SOURCE TO PAY EXPERTISE AND PEPPOL ACCESS POINT AVAILABLE TO ALL LOCAL, STATE AND FEDERAL GOVERNMENT AGENCIES
• PARTNERSHIP WITH EFFICIENCY LEADERS’S RAPID AP WILL BOOST ADOPTION OF PEPPOL EINVOICING AND DRIVE ACCOUNTS PAYABLE AUTOMATION ACROSS GOVERNMENT

Financial process automation experts, Valta Technology Group (Valtatech), has joined the Australian Taxation Office (ATO)’s Peppol Capabilities and Associated Services Panel. Joining an exclusive group of ‘approved’ Peppol eInvoicing specialist providers, which local, state and federal Government agencies can engage with to help them start transacting digitally via the Peppol eInvoicing network.

Jussi Karjalainen, Founder and Managing Partner of Valtatech, says: “We are delighted to be joining the ATO  Peppol eInvoicing Panel. Peppol eInvoicing is already driving real business value through the automation and optimization of both the invoice and order processing operations in Australian businesses. We look forward to helping Australian Government agencies to follow suit, and become Peppol-ready for transacting digitally across the global network.”

As a certified Peppol Access Point, Valtatech is already an accredited service provider for eInvoicing to businesses in Australia and New Zealand. Joining the ATO panel means Valtatech’s Peppol Access Point and its associated services will now be available to all Government agencies.

Valtatech has also announced a new partnership with accounts payable (AP) automation provider Efficiency Leaders, which will also be available on the ATO panel. That partnership will see Valtatech’s Peppol Access Point integrate directly into Efficiency Leaders’ widely used AP automation technology, RapidAP, providing agencies with an out-of-the-box solution for receiving and processing Peppol eInvoices. 

Dan Bennett, Executive Director at Efficiency Leaders, says: “Over 1.2 billion invoices are exchanged annually in Australia, with 90% of those invoices still manually processed. Automating AP makes these payments significantly more efficient, timely, and secure, benefiting both trading partners and the economy at large. eInvoicing is the next evolution in AP automation technology, and we look forward to working with all levels of government as our economy digitalizes in line with other international markets.”   

As part of its Digital Business Plan, the Australian Government has announced that Peppol eInvoicing will be mandated for Government agencies by 1 July 2022 and that all Peppol enabled government agencies will pay their suppliers within 5 days of receiving an invoice via the Peppol network.

Jussi Karjalainen concludes: “There has never been a more critical time for Government agencies to regain control of their procurement and invoicing functions. Now more than ever, back-office and procurement teams within the public sector are tasked with demonstrating measurable business value and driving real efficiencies, without disrupting their business operations. As procure to pay and source to pay automation experts, we can help agencies of any size to adopt best practice and find the right solutions for their needs.”