Introduction & Benefits
e-Invoicing has been implemented for all businesses above Rs. 20 Million. turnover. With an automated purchase digitization module, Cygnet Tax Tech helps businesses claim maximum Input Tax Credits (ITC) by posting purchase entries in ERP systems, ensuring data accuracy. This helps businesses reconcile the vendor invoices on time.
- Map the received e-Invoice, e-Way bill generated against you and GSTR-2A details with the business system to ensure smooth purchase postings
- Accelerate the verification of the signed e-Invoice & e-Way bill
- Automate the verification of QR Code on supplier’s invoices & get IRN details back to ERP
- Automate vendor payments based on invoice verification and e-Invoice applicability status
This solution is best for:
Learn how you can automate purchase invoice workflow, spot vendor mismatches, and reduce them.
Cygnet e-invoicing and GST Filing processes are very robust and accurate. We have faced zero failures so far. The API integrations have been seamless. The team at Cygnet has been very supportive and always available for any type of queries. From initial discussions till go live phase they have been helpful and understanding. The portal is very descriptive and easy to understand for all the users. Thanks, team, for all the efforts put into the solutioning and designing, making our processes smooth and fast.
Mr. Vaibhav Chaudhary
Associate Director | Elastic Run