Xero and Storecove integration for SMEs

Xero, a world-leading online accounting software built for small business, officially integrated Storecove for Singaporean SMEs. Using Storecove's innovative technology, customers of Xero are able to register on the Singaporean national e-invoicing network called InvoiceNow (formerly known as PEPPOL). 

By using Storecove’s Access Point services, Xero Singapore can reduce the development time and accelerate the adoption of e-invoicing services within their customer base.

Storecove also takes care of the international conversion, meaning that Xero's customers are able to connect with a single data format. We then convert the invoices to the format required by the receiver.

Improved efficiency, reduced costs, faster payments & environmentally friendly

E-invoicing helps businesses improve efficiency, reduce cost, enjoy faster payment and be more environmentally friendly. The e-invoicing networks established in Australia, NZ and Singapore are an extension of the International Peppol eDelivery Network (InvoiceNow for Singapore), allowing businesses to transact internationally with other linked companies.

Unlike sending a PDF file by an insecure e-mail, the process can be fully automated so there’s no need for either business to manually handle the invoice. It also works even if the two accounting systems are different, because an international standard – PEPPOL / InvoiceNow – allows these systems to ‘speak’ to each other.

"Many thanks for the cooperation over the past year. It is these types of successful partnerships that make the world go round and we look forward to a successful continuation!" - Kevin Fitzgerald, Regional Director in Asia for Xero.