{"id":7002,"date":"2021-09-20T07:39:21","date_gmt":"2021-09-20T07:39:21","guid":{"rendered":"https:\/\/link4.asia\/my\/?p=7002"},"modified":"2023-09-19T12:15:08","modified_gmt":"2023-09-19T04:15:08","slug":"treasury-extends-e-invoicing-contract-with-link4","status":"publish","type":"post","link":"https:\/\/link4.asia\/my\/news\/treasury-extends-e-invoicing-contract-with-link4\/","title":{"rendered":"Treasury extends e-invoicing contract with Link4"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/sp-ao.shortpixel.ai\/client\/to_auto,q_lossless,ret_img,w_915,h_458\/https:\/\/link4.co\/au\/wp-content\/uploads\/sites\/2\/2021\/09\/Treasury-extend-contract-915x458.png\" alt=\"\"\/><\/figure>\n\n\n\n<p>The Department of the Treasury has extended its contract with Link4, their chosen e-invoicing provider. After an initial 12-month period where Link4 successfully completed an integration, training and invoice deliveries, the Treasury agreed to continue using Link4 to provide e-invoicing services for the department.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cLink4 have delivered a smooth and seamless e-invoicing experience for the Treasury, which is why they have chosen to extend this contract,\u201d noted Robin Sands, Link4 CEO. \u201cOur team is very experienced in providing e-invoicing services in Australia and it shows with projects like this.\u201d<\/p>\n<\/blockquote>\n\n\n\n<p>The ATO estimates that e-invoicing will benefit the Australian economy to the extent of $28 billion over 10 years. E-invoicing prevents invoice fraud, reduces time and money spent on manual data entry, and is better for the environment. Government suppliers who adopt e-invoicing benefit from 5-day payment terms, which significantly improves cash-flow for any Australian business.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe Treasury were e-invoicing receive capable in December 2020, following a TechnologyOne upgrade, but only a handful of other departments have followed in their footsteps\u201d says Sands. \u201cCurrently only 17.6% of Australian Government Departments are ready for e-invoicing, but thousands of businesses are actively using e-invoicing today.\u201d<\/p>\n<\/blockquote>\n\n\n\n<p>Government departments have been slow to adopt this new efficient service, even though it helps SMEs and will support economic recovery. Treasury are an outlier and set a positive example. It is great to see them continue supporting this initiative, and with Link4 as their trusted access point.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Department of the Treasury has extended its contract with Link4, their chosen e-invoicing provider. After an initial 12-month period where Link4 successfully completed an integration, training and invoice deliveries, the Treasury agreed to continue using Link4 to provide e-invoicing&#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[146],"tags":[],"class_list":["post-7002","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Treasury extends e-invoicing contract with Link4 - Link4 E-invoicing - Malaysia<\/title>\n<meta name=\"description\" content=\"The Department of the Treasury has extended its contract with Link4, their chosen e-invoicing provider. 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