Small and medium businesses working with the NSW Government can now track their invoices more easily and get paid faster, thanks to the launch of the Supplier Hub Invoicing Portal.
\nThe invoicing portal, launched on Buy.NSW\u2019s Supplier Hub, gives more than 20,000 suppliers a centralised source for all invoicing information; allowing them to submit invoices to e-Invoicing enabled agencies and check the status of submitted invoices.
\nMinister for Digital and Customer Service Victor Dominello said the portal is an important step leading up to next year\u2019s e-Invoicing mandate.
\n\u201cWe are putting the customer at the centre of the process. The Hub will save suppliers time and money by reducing payment times, paperwork, and manual errors,\u201d Mr Dominello said.
\n\u201cThis is a one-stop shop for suppliers to register to sell to NSW Government, update their information, view opportunities and share procurement-related information.
\n\u201cWe want to reduce the amount of time businesses have to deal with government, so they can instead focus on running their operations.\u201d
\nMinister for Finance and Small Business Damien Tudehope said the new portal would reduce red tape and make the invoicing process easier.
\n\u201cCash flow is one of the most important issues for businesses and often it can take time to receive payment,\u201d Mr Tudehope said.
\n\u201cThis portal will facilitate faster and on time payments to businesses to cut down on unnecessary stress for those who just want to get on with the job.\u201d
\nThe e-Invoicing service has been enabled across the 42 agencies that are part of the Customer Service, Premier and Cabinet, Treasury and Stronger Communities & Justice clusters.
\nBusinesses with a Supplier Hub account, and which do not use any accounting software, can use the Portal to quickly send their invoices to agencies that are enabled for e-Invoicing.
\nAll State Government agencies will be expected to receive e-Invoices by 1 January 2022.
\nBased on the 4.2 million invoices across NSW Government in 2019, a shared saving between the suppliers and NSW Government is estimated to be $71 million.<\/p>\n","protected":false},"excerpt":{"rendered":"
Small and medium businesses working with the NSW Government can now track their invoices more easily and get paid faster, thanks to the launch of the Supplier Hub Invoicing Portal. The invoicing portal, launched on Buy.NSW\u2019s Supplier Hub, gives more than 20,000 suppliers a centralised source for all invoicing information; allowing them to submit invoices … Continue reading “Supplier Hub Invoicing Portal goes live”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-12719","post","type-post","status-publish","format-standard","hentry","category-nswnews"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/12719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=12719"}],"version-history":[{"count":0,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/12719\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=12719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=12719"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=12719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}