Launched in April 2024, InvoiceNow Accelerate aims to give newly incorporated businesses in Singapore a head-start in their digitalisation journey. With one year of complimentary InvoiceNow services, participating companies can streamline their invoicing processes, reduce paperwork, and improve payment turnaround times. This initiative, led by IMDA, ensures that new businesses can access modern e-invoicing tools from the outset of their operations, setting the foundation for efficient, secure, and sustainable business transactions. By enrolling through selected InvoiceNow Accelerate Solution Providers, these enterprises take their first step toward smarter business management.
Empowering Startups for Digital Growth
Newly established businesses often face multiple challenges when starting out. IMDA’s InvoiceNow Accelerate programme helps overcome these barriers by offering critical digital infrastructure that supports administrative efficiency and financial clarity from day one.
Streamlining Invoicing Operations
The programme connects businesses directly through the nationwide e-invoicing network, allowing invoices to be transmitted in structured digital formats. This eliminates common manual errors and reduces administrative overheads.
- Automated invoice delivery and reconciliation
- Reduced delays in payments and fewer disputes
- Enhanced financial accuracy and compliance
Environmental and Operational Benefits
Besides efficiency gains, the shift from paper to digital invoicing contributes to sustainability goals. It minimizes paper waste and optimizes resource usage, aligning with the national vision for a smart and green economy.
How to Get Started
From April 2024, newly incorporated businesses with activated Corppass accounts will receive a notification from IMDA. They can select a preferred Solution Provider from the curated list to enjoy a full year of complimentary services.
- Access the official registration details at IMDA InvoiceNow
- Review the available Accelerate Solution Providers
- Subscribe and start reaping productivity benefits
Partnering with Trusted Providers
Participants gain access to IMDA-approved Access Points, which facilitate secure and reliable transactions across the InvoiceNow network. These partners ensure seamless integration with ERP systems and proper onboarding assistance.
Conclusion: Partner with Sodainmind to Go Digital
At Sodainmind, we are proud to be an IMDA-approved Access Point for InvoiceNow, dedicated to helping Singapore businesses embrace digital transformation confidently. Whether you are a start-up or an SME, InvoiceNow Accelerate is your opportunity to begin your digitalisation journey with trusted partners by your side. Our experts will guide you through the process of integrating e-invoicing into your operations, ensuring measurable improvements in speed, transparency, and sustainability. For inquiries or to begin your transformation, reach out to us today at info@sodainmind.com. We look forward to supporting your success in the new digital economy.
