New Zealand – Country Profile

New Zealand – Country Profile

 

Vision

  • Our vision is for all New Zealand businesses to be digitally enabled and transacting directly with one another in an efficient, automated, and standardised way.
  • To create and maintain a common, internationally compliant e-Invoicing approach and a digitally interoperable economic landscape for New Zealand business.
  • To validate and maintain the ecosystem of technology and system providers, semantic models, and internationally aligned standards, to ensure ease of trade across jurisdictions.
  • To position New Zealand and Australian businesses for further digitisation of the wider trans-Tasman Procurement landscape.
  • This will be achieved by:
    • Digital inclusion – to enable easy access to all businesses and digital service providers and aligned to the universally acceptable digital service standards.
    • Open and responsive to change and innovation – ability to respond to changes in a dynamic environment whilst enabling innovation in broader contexts such as procure-to-pay and e-Delivery/digital message exchange.
    • System integrity – trusted and secure.
    • Government commitment – commitment by governments to deliver an integrated solution across multiple jurisdictions.

 

Main drivers

  • The New Zealand government’s aim is to:
    • Improve digital inclusion for all businesses, and in particular smaller businesses;
    • Improve productivity in government and industry; and
    • Reduce the costs of doing business for both government and industry
  • To enable the initial step towards using the framework for wider e-Procurement activities
  • To drive further adoption and implementation of the New Zealand Business Number (NZBN), a globally recognised, unique identifier
  • To deliver realisable benefits to the New Zealand economy in cost savings and efficiency gains, due to estimated processing savings of up to 70% annually.
  • To empower digitally enabled businesses to directly transact with one another in an efficient, automated and standardised way to:
    • enable faster payment of invoices;
    • reduce instances of fraud;
    • improve data quality and accessibility;
    • enrich data analysis to drive innovation; and
    • increase digital interaction between businesses and with government.

 

Strategy

Digital Economy

  • Support and contribute to the delivery of the New Zealand government Digital Economy work programme:
    1. Digital Business; supporting New Zealand businesses to use ICT to raise their productivity and drive innovation across all sectors of the economy.
    2. Digital Government; driving the public sector to use ICT to work more efficiently, make better decisions, create greater value from information, and transform the way services are delivered to businesses and individuals.
    3. Connectivity; enhancing domestic and international connectivity so that New Zealand is a highly connected society.

Government Digital Services

  • This initiative also aligns with the new Government Digital Strategy for Digital Transformation and Data Standards across government and across the economy.

Alignment with International Digital Economies

  • A large number of countries are either mandating or introducing interoperability frameworks that cover the whole or part of the procure-to-pay cycle. This is driven by the increased demand for the visibility of supply chain processes by governments and local authorities in the reduction of fraud; reduction of black markets/shadow economies; and increasing the overall integrity and productivity of their economies.
  • To maintain Australia-New Zealand business competitiveness and integrity in markets that have implemented interoperability frameworks, it is important that Australia and New Zealand jointly implement similar frameworks for a complete end-to-end view of the supply chain from the buyer (procure to pay) or seller (order to cash) perspective

Main concerns

short-term

  • Building the Australia-New Zealand community of service providers
  • Determining the preferred Australia-New Zealand operating model and associated support structures required to deliver on our Transport Infrastructure Agreement obligations with OpenPeppol
  • Developing the relationships we have established with Peppol leaders and with other Peppol Authorities
  • Considering policy and legislative options for e-Invoicing adoption.

longer term

  • Developing the longer term strategic goals and plans for the ongoing implementation and use of the Peppol e-Delivery network;
  • Expanding beyond e-Invoicing to Procure to Pay.

 

Key contacts

 

Useful links

NZ Peppol Documentation can be found on GitHub

 

Our Promotional Video:         New Zealand e-Invoicing

NZ e-Invoicing Home Page:  www.einvoicing.govt.nz