peppol

InvoiceNow with DBS

Supporting your seamless e-Invoicing
and payment journey

InvoiceNow with DBS

Supporting your seamless e-Invoicing
and payment journey

At a Glance

DBS is enhancing our InvoiceNow service to support businesses via a new partnership with other e-invoicing service providers. The current DBS InvoiceNow service will cease from 1 August 2024. 

If you are a current user of DBS InvoiceNow, please click here to indicate your plans to deregister with DBS and sign up with an alternative provider of your choice. 

If you are new to e-invoicing or would like more information on e-invoicing service providers, please visit IMDA E-Invoicing Solutions.

Features & Benefits
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Increase Efficiencies

Reduce duplicate efforts and error-prone manual processes as you can now send and receive e-invoices digitally.

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Faster Payments (Local and International)

A standardised e-invoice format results in faster validation, processing and payment time. You can make e-payments including PayNow Corporate, FAST and GIRO.

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Reduce Operating Costs

Use e-invoices and gain savings from reducing printing, posting and storage of invoices.

FAQs
What is my Peppol ID?

A Peppol ID is your company’s unique identifier on the Peppol directory. A Singapore-registered company listed on the Singapore Peppol directory will have a Peppol ID of 0195:SGUEN<company UEN>. For example, if your company’s UEN is 200500001A, your Peppol ID will be 0195:SGUEN200500001A.

Alternatively you can find your Peppol ID by entering your UEN in the Search field here: https://www.peppoldirectory.sg/
How is InvoiceNow different from my existing invoicing method?

Currently, your invoices could be in a hard copy document or PDF format that you send and receive via email or postal service. Manual processing is required by both parties to input the invoice details in your respective systems, this is time consuming and may result in human error. InvoiceNow reduces manual work and is a safer method of invoice exchange as an e-invoice is encrypted and sent directly via the Peppol network to the recipient's InvoiceNow approved system.
If my customer is not registered on Peppol, can I still send e-invoices to them?

To send or receive e-invoices, both parties will need to be on the Peppol network with a valid Peppol ID. You can request your customer to register themselves to Peppol network via an Access Point provider / platforms that are Peppol ready.