Promis is the ‘data bridge’ that enables businesses to use the Trans-Tasman e-invoicing network to send and receive e-invoices in your accounting system, without having to worry about any of the technology.
Promis doesn’t just automate one or two parts of your accounting process – it creates a full, mobile or desktop environment in which invoice receipt, supplier and line data storage, and payment queuing all occur automatically, so that you can focus on what’s really important to you.
Promis is a powerful platform. Yet the customer interface is as simple to use as your mobile phone. It’s just 3 simple steps:
The first step is to connect us to your accounting platform. If you use Xero, MYOB or Quickbooks we’ll get you up and running quickly. If you use a more sophisticated ERP, we’ll customise the connection between Promis and your accounting system.
Either e-invoicing will be turned on straight away inside your accounting system, or we’ll come back to you with a custom quote.
You start sending and receiving e-invoices.
Promis works with almost every accounting platform – including custom platforms or software not yet connected to the PEPPOL e-invoicing system.
If your suppliers aren’t on board yet, don’t worry… we’ll activate e-invoicing for them, too.
There is a simple process to onboard your suppliers, especially the ones using the small business accounting platforms
Using Promis, your business will build better goodwill with your clients… By delivering e-invoices to anyone who can receive them, you’ll stand out as a modern supplier, who has your clients’ best interest at heart.
Promis is designed to receive AND send e-invoices. This two-way system opens the doors to greater efficiencies for many businesses like yours. The benefits of sending e-invoices with Promis are:
The Australian Government are on board saying, “we are working with the software industry to use the Pan-European Public Procurement On-Line (PEPPOL) standard which is internationally established.” To sweeten the deal, e-invoices issued to the Government will be paid within 5 days (and if they’re late, they’ll pay interest). This is your opportunity to leverage this unique situation and demonstrate industry leadership.
* The New Zealand Government is on board too. They will pay E-invoices in 10 days (from 1 July 2020).
Aidacare, one of Australia’s largest Healthcare Equipment and Service providers, operates from 23 locations and 50 distribution partner locations. Aidacare currently sends approximately 150,000 to 200,000 invoices per annum, so process improvement in this space was a key goal for the organisation.
One of Aidacare’s major customers, a large Aged-Care provider, asked them to start sending their invoices in a structured data format rather than a PDF.
Problems had arisen due to the customers AP Automation which couldn’t read all the data on the PDF’s requiring human intervention, slowing things down and creating additional manual tasks. E-invoicing removes the need for intervention in cases like this, thereby increasing efficiencies and turnaround times for payment.
In collaboration with the authorised access point, Ozedi, and Aidacare’s accounts payable solution, Basware, we have provided an elegant solution built right into Aidacare’s ERP.
As of 13 August 2019, the very first Trans-Tasman four-corner model for e-invoicing has been live in production and Aidacare has been sending e-invoices to the first of their major customers.
This is a significant improvement for Aidacare and a milestone for the e-invoicing project in Australia. It is one giant leap towards a future-focused e-business world. Aidacare has helped to roll out e-invoicing and are supporting all their customers who are interested in increasing productivity and gaining critical business efficiencies.
The Promis engine has already processed over 41,000 e-invoices while running in beta, totalling $33 Million in value. Here are some more facts about Promis: