E-Invoicing Solution
CONFIDENTIAL
GROWING BASE OF
CUSTOMERS
BUILT TO SCALE
14000 c r 8%
Tax transactions re p o rte d Of all t h e E - Way Bills
to government monthly generated i n India t h r o u g h
APIs are generated t h r o u g h
Masters India
290,000
API calls m a d e t o
g o v e r n m e n t servers daily
TREND
Shift from Post Transaction Paper Based C o m p l i a n c e
to Real Time Digital C o m p l i a n c e
GST E- W AY B ILL E- I N V O I C I N G
(2017 ) (2018 ) (2 0 2 0 )
What Is E - Invoicing?
E-Invoicing can be broadly referred to electronically
generated bills exchange digitally with/without compliance
component. In India, since it is ‘ with compliance ’, invoices need
to be reported first to the government system for generation of
valid e - invoice . It then maybe be sent to the buyer either by the
vendor or the government itself.
BENEFITS OF E - INVOICING
S i m p l e r | Faster | C h e a p e r
E-INVOICING
Printing Postage Sorting Data Entry
SUPPLIER BUYER
TRADITIONAL INVOICING
E-INVOICING ADOPTION ACROSS THE GLOBE
Real Time
Clearance Mo d e l
Post Transaction
A u d i t Mo d e l
U n r e g u l ate d
E - INVOICING IMPLEMENTATION TIMELINE
S c h e d u l e as r e l e a s e d b y t h e G o v e r n m e n t
Phase wise
Businesses with 100 implementation for
crore or more in smaller businesses
turnover ( Voluntary ) based on the experience
J AN 2 0 2 0 FEB 2 0 2 0 APR 2 0 2 0 REST O F 2 0 2 0
Businesses with 500 Businesses with 100
crore or more in crore or more in
turnover ( Voluntary ) turnover ( Mandatory )
P ROBLEM S
Government ' s Dependence of ERP vendors have Manual systems
software is not ITC on Vendor abstained from are inadequate to
designed to Compliance has offering native support Real Time
support medium shifted the burden compliance Digital
and large size of compliance to environment Compliance
businesses businesses leaving businesses leaving businesses
with manual with costly
systems unaccounted risks
SOLUTION
I N TEGR A TED P LA TFO R M TO EN A B LE
C O M P L I A N C E AT SCALE
E -INVOICING W O R K F L O W
autoTax sends E-
Invoice to the
Sup p lier send s invoice Buyer
information to autoTax to
receive Invoice Reference
Number ( IRN ) , QR Cod e
and Digitally Signed JSON
from Invoice Registration
Portal (IRP)
autoTax shares invoice data to all three government systems
S O L U T I O N
Sales Side E - Invoicing Automation
API SFTP
Integration Methods
E-Invoices will be generated in the Folder based communication between
Process
background or on button click in the ERP ERP and IRP for e - invoice generation
E-Invoice generation based on preset
Real Time E-Invoice Generation Frequency
time schedule
E-Invoice data to be saved in the ERP for E-Invoices available in a folder and
Data Access
further activity schedule based upload to the ERP
E-Invoice actions such as cancel and E-Invoice actions such as cancel and
Other Actions
update available in the ERP update available in web app
S O L U T I O N
Purchase Side E - Invoicing Automation
API SFTP
Integration Methods
Book purchase E-Invoices through IRN Access Purchase E-Invoices over a web
Process
or QR Code directly in the ERP app through IRN or QR Code
Real time purchase e - invoice retrieval Real time purchase e - invoice retrieval
Frequency
and booking in the ERP and schedule based booking in the ERP
Purchase E-Invoice data to be saved in Purchase E-Invoice data to be saved in
Data Access
the ERP for further activity the ERP for further activity
Initiate Vendor Communication directly Initiate Vendor Communication from the
Other Actions
from the ERP web app
W H Y autoTAX?
I N T E G R AT E D UNIFIED ACTIONABLE SU P P O R T
Integrates with Single Window System of Action Direct access to
all ERPs such as com m unication to ensure teams at GSTN
SAP , Microsoft , with all the efficient supply and NIC for
Oracle , Tally Government chain unparalleled
through APIs Portals compliance support
GET IN TOUCH WITH US
Compan y Add r e s s
Faridabad Matura Road
Phone N u mbe r
8789162983
Email Add r e s s
[email protected]
