E-Invoice

E-Invoice improves the invoice processing performance by eliminating errors, reducing inbound customer inquiries and faster approvals.

E-Invoicing SAP Solutions

Key Takeaway

  • Customers choose DataNub E-invoice application to automate Government mandatory regulatory norms.
  • Approx 100 + invoices which are been manually uploaded on daily basis to regulators are automated through this process
  • 4 hours of repetitive task on daily basis are automated, further better error handing mechanisms are brought in place.

Challenges

  • As per the Government mandate companies turn over more than 500 CR INR requires a mandatory upload of invoices to E-Invoice portal to obtain IRN & QR code.
  • As customer is using SAP for invoice generation , the same needs to be downloaded manually and further needs to be uploaded to the portal
  • Tracking of IRN, QR code and Invoice was difficult as the process are been done manually by different team which resulted in compliance issues & challenges

Initiative

  • Customer evaluated variety of solution and finally decided to proceed with DataNub E-Invoice Solution

Solution

  • DataNub created an E-Invoice Cockpit which allows customers to maintain mandatory master data
  • Customer can use Cockpit to generate the invoice , process the invoice , the tool is capable enough to reach E-Invoice portal to register QR code & IRN number
  • A custom report has been created to see the list of invoices which are been generated and corresponding QR code & IR number

Benefits

  • 100 % compliance
  • Manual works are automated.
  • Better error handing procedure in place

Next Steps

  • Customer wants to roll out for other branches
  • Customer would like to implement further solution to automate the process

Client remarks

DataNub E-invoice solution helped us to meet our management initiate of digitization and automation. it saved significant amount of time spent by our finance team.

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