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Here’s How MCSTs in Singapore Can Automate Invoicing and Meet IRAS Requirements with InvoiceNow

 MCSTs can go fully paperless. Find out how.
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What Is InvoiceNow and Its Relevance to MCSTs

Processing paper-based invoices manually takes too much time and costs too much money. MCSTs pay this cost in the form of salaries for staff who could be better employed managing the estate and needs of the community. InvoiceNow promises to alleviate these concerns by automating the procurements and payment processing workflow.

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Through InvoiceNow, MCSTs and their suppliers can exchange invoice data - including Purchase Orders, Invoices, payment information and supporting PDF documents - electronically even if using different accounting systems.

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This means tedious admin tasks in the procurements and accounts payables workflows can be automated, eliminating data entry errors and saving cost for the MCST. 

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Why MCSTs Should Use InvoiceNow

If your MCST's finances is reliant on paper-based records, then you're paying for outdated, highly manual workflows inherited from decades ago. Paper records create unnecessary complexity - e.g. documents arriving late requiring  monthly accruals and reversals. With digitalised workflows for invoicing and payments, MCST bookkeeping can now be wonderfully simplified and largely automated. Bottomline: manpower savings for the MCST.

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Automated invoice processing

Reduce manual data entry and minimize human error.

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Simplifies MCST Bookkeeping

Invoicing on a live basis eliminates the need for accruals and reversals. 

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GST Compliance

Comply with IRAS requirements for GST-registered entities to use InvoiceNow for both AR and AP.

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Frequently Asked Questions

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Register for InvoiceNow Webinar

Hosted online (Teams) by Qornerstone, featuring IMDA speaker,

Lennie Leong, Senior Manager, Sectoral Transformation Group.

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Date: 16 Jan 2026, Friday

Time: 11am to 12 noon

Agenda: What is InvoiceNow, What Are the Requirements, Benefits.

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30 minutes for FAQs so come prepared with your questions!

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Note: You will receive a meeting invite by email within 3 days of registration.

Do you want to receive a recording of the session and presentation deck?
Yes
No

We will try to answer all your questions during the session.

Which best describes you?
Managing Agent (Finance)
Managing Agent (HQ Ops)
Property Manager
MCST Council Member
Unit Owner
What is the size of your MCST?
Managing multiple MCSTs
50 units or less
51 - 200 units
200 - 400 units
401 - 700 units
701 units and above

Terms of Use and Privacy Notice

By submitting this form, you give consent for Qornerstone Pte Ltd to use your personal data for the purpose of contacting you for this online webinar. From time to time, we may also contact you regarding matters relating to MCST management and product updates. You can opt-out of our marketing communications at any time using the Unsubscribe function.

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