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If you're still processing invoices manually, the numbers below are worth a read. eInvoicing adoption across New Zealand is accelerating fast, and the productivity gains on offer are substantial.

Over 110,000 businesses now on board

More than 110,000 NZ businesses are registered to receive eInvoices, and that number is climbing. It's a clear signal that eInvoicing is moving from early adopter territory into the mainstream.

For businesses still relying on paper or PDF invoices, this is a good moment to make the switch. The benefits are straightforward:

• Less admin. No more manual data entry or chasing paperwork.
• Fewer errors. Invoices are sent directly between accounting systems, cutting out the manual re-keying that causes mistakes.
• Better cashflow. Faster processing means faster payment.
• Improved security. Invoices are exchanged through a secure network rather than email, reducing the risk of invoice fraud.

Read the full announcement from Minister for Small Business and Manufacturing Cameron Brewer: eInvoicing surge gets Kiwi businesses paid faster

The productivity case: $800 million a year

New research puts a solid number on the opportunity. New Zealand businesses exchange over 300 million invoices annually, and shifting these to eInvoicing could unlock around $800 million in annual productivity gains, through reduced manual processing, fewer errors, and less time spent on rework.

For SMEs in particular, where every hour of admin time is an hour not spent on the business itself, this adds up.

More detail on what this means for your business: New research highlights $800 million in annual productivity gains

Free webinar: eInvoicing demystified for SMEs

If you've recently registered for eInvoicing, or you're still weighing it up, MBIE is running a free webinar to help you get the most out of it.

eInvoicing demystified for SMEs: Level up your skills (4 August)
This is a practical session aimed squarely at SMEs, covering how to set up and use eInvoicing to its full potential. Whether you're new to the system or want to make sure you're getting the full benefit, it's worth an hour of your time.

Register here

Why this matters to us

Business South has long advocated for practical, low-cost ways for our members to cut admin burden and improve cashflow. eInvoicing ticks both boxes, and with adoption now well past the tipping point, it's becoming standard practice rather than a nice-to-have.

If you haven't looked into eInvoicing yet, now's a good time to start. And if you have questions about how it applies to your business, get in touch with our team.