“Digitalization could reduce construction costs by up to 20%.” This figure shows that the future of construction is digital, and e-invoicing with Peppol is a key part of that shift.
Especially in construction, where complex supply chains and multiple stakeholders dominate the daily workflow, manual invoice processing often leads to chaos. The solution? E-invoicing with Peppol! It offers standardized, fast, and error-free processes that not only improve cash flow but also reduce administrative costs.
Governments across Europe have recognized this too. That’s why electronic invoicing is gradually becoming mandatory, or already is, for invoices sent to public sector bodies. For example, in Belgium, B2G e-invoicing has been mandatory since March 1, 2024, and by January 1, 2026, this requirement will extend to all B2B invoices. Other European countries are also advancing in the adoption of e-invoicing.
What is E-Invoicing?
Think of e-invoicing as the digital version of a traditional paper invoice. It enables the exchange of invoice data, such as amounts, tax rates, payment terms, etc., without manual processing or paper documents. E-invoices are transmitted in a standardized format (XML document in UBL format or UN/CEFACT CII format).
What is Peppol?
Peppol (Pan-European Public Procurement Online) is an international network that standardizes the exchange of invoices. Whether for national or international projects, Peppol ensures your invoices are sent correctly, comply with regulations, and are error-free. And all in one standardized format.
Benefits for the Construction Sector
- Faster Payments: Peppol ensures invoices are transmitted instantly, which significantly speeds up the payment process.
- Error Reduction: Standardized invoices mean fewer human errors.
- Lower Administrative Costs: Automating invoice processes frees up your team and saves time.
- Regulatory Compliance: Peppol ensures all invoices meet current legal requirements.
- Easy Integration: Peppol integrates seamlessly into many accounting and ERP systems like HIT-Online.
How to Get Started with Peppol?
Getting started with e-invoicing through Peppol is simple with HIT-Online. Create your invoices in just a few clicks and send them to your customers via Peppol. As a certified Peppol access point provider, HIT-Online offers the perfect platform to digitize your invoicing.
Is your customer not using Peppol yet? No problem, HIT-Online automatically detects this and sends the invoice as a PDF via email.
Conclusion
The future of the construction industry is digital. With e-invoicing through Peppol, you save time, money, and avoid headaches. Ready to optimize your invoicing processes and step into the future? With the support of HIT-Online, transitioning to e-invoicing has never been easier!