Starting October 1, 2022, QR code invoices will be the only accepted form of payment throughout Switzerland, replacing orange and red payment slips. Payments and standing orders based on payment slips will no longer be processed. So there’s no time to waste: now is the time to adapt your accounts receivable and accounts payable solution.
There are many benefits to the transition:
- Since all payment information will be transmitted electronically, there will consequently be fewer errors.
- It will no longer be necessary to order pre-printed payment slips, which will speed up administrative work.
- Thanks to automation, invoicing and payment processing will be more efficient.
- Verifying payments will be easier.
- And let’s not forget about the environment: using QR invoices reduces or completely eliminates the use of paper.
Please remember to take the necessary steps in collaboration with your bank and your software provider to receive assistance with the transition to QR invoices, in order to avoid delays and interruptions in sending invoices to your customers.
If you haven’t made the switch yet, now is the time. Don’t wait any longer—contact us to determine what requirements the right management software for you should meet.
