Global Development in Peppol
Peppol was first launched in 2008 by the European Commission as a pilot project to explore the use of electronic invoicing in the public sector. In the following years, Peppol has gradually expanded to cover more countries and sectors, and it eventually became a global standard for electronic invoicing.
One key reason for the success of Peppol is its use of open standards and interoperability. Peppol uses the OASIS Open Document Format (ODF) for invoicing, which allows different systems to exchange invoices with each other in a standardized way. Additionally, Peppol has adopted the AS4 protocol for secure and reliable message exchange, which is widely used in the public sector.
In addition, Peppol has played a role in promoting the use of digital technologies in the public sector. Many public sector organizations have adopted Peppol as a way to streamline their procurement processes and reduce the reliance on paper-based invoicing. This has led to increased efficiency and cost savings in the public sector, as well as a reduction in the environmental impact of paper-based invoicing.
In Asia, Japan has been actively participating in the Peppol network since 2015 and has implemented the necessary infrastructure to support the exchange of electronic documents through Peppol. Across the globe the United States has a system called "Invoice Processing Platform" (IPP), which is used for electronic invoicing in the federal government and for the Canada has a system called "Canadian E-Invoicing Exchange" (CEE), which is also used for electronic invoicing in the public sector.
There is better adoption rate in the ANZ, as Peppol has been growing in recent years to improve the efficiency and transparency of the public procurement process. The Australian Government has implemented a system called "Australian Government e-Invoicing" (AGeI), which is based on the Peppol network and is used for electronic invoicing in the federal government. In New Zealand, the government has implemented a similar system called "New Zealand e-Invoicing" (NZeI), which is also based on the Peppol network and is used for electronic invoicing in the public sector.
In a larger context, Peppol has helped to accelerate the growth of digitalization by enabling businesses to connect to the Peppol network and exchange invoices with each other, regardless of their location. This has facilitated cross-border trade and made it easier for businesses to do business with each other, regardless of where they are based.
DespaQ solutioning with Open Peppol will allow business to connect seamlessly in a structured should dramatically improve the efficiency of B2B and B2G processes. Join DespaQ network to increased efficiency and cost savings, as electronic invoicing is faster, more secure, and more accurate than paper-based invoicing.