e-Invoicing is mandatory for businesses with 10 Cr+ turnover. Likely to be mandatory from Jan 2023 for businesses with 5 Cr+ turnover

What We Do

Back

Back

Back

Digital Journeys

Digitize the lending journey

AA-TSP

Enable Account Aggregator (AA) solutions leveraging the power of aggregated data

Who We Are

Back

Cygnet Digital: Leading the Digital Evolution

Welcome to Cygnet Digital, your trusted partner in dynamic digital transformation.

Discover more

Executive Leadership Team

The minds behind our expertise, experience and excellence

Discover more

#WeAreCygnet – One Cygnet

Living the Trust of Career Value of Cygnetians!

Discover more

Trust in Testimonials

Living the Trust of our Clients

Discover more

Cygnet Digital Press Releases and In the News

Find latest news and happenings about Cygnet Digital, a part of Cygnet Infotech.

Discover more

Cygnet Digital's Partner Program

Unlock Your Peak Performance with Partner Connect.

Become a Partner

About Accounts Payable automation

The AP automation is intended to perform real-time reconciliation checks for the documents at the time of recording and thereafter to withhold the payments on invoice/tax value to the non-compliant vendors, or raise a debit note if the payment has been made.

Streamline accounts payable automation with Cygnet Tax Transformation Architect

Integrate with multiple systems and ERPs for smoothly transferring data to Cygnet’s e-Invoicing software.

  • SAP
  • Oracle
  • Tally
  • Microsoft Dynamics
  • Custom ERPs

Process invoices with Intelligent Document Processing

  • AI/ML trained model to extract invoice information, check data integrity & authenticity to conduct multiple data checks for improved data quality

Enable payment decisions basis invoice match scenarios with GSTR 1 and GSTR 2B

  • For matched invoices, payment block is released
  • For mismatch invoice, payment block is applied for entire invoice
  • For partial match, regards to tolerance limit set by entity, GST amount shall be blocked

Enable payment decisions basis business exigencies

  • For a mismatch invoice, only block tax amount as an exemption as per business exigencies
  • If any payment terms, clear payment based on their GRC score (compliance rating).
  • If the invoices are not reported subsequently, debit note shall be auto generated
  • Generate ERP reports depicting payment blocking status basis Reconciliation
  • Create comprehensive reports for just-in-time analysis for the accounts payable team

Safeguard your business’ cash flows by streamlining Accounts Payable automation

Mitigate the challenge of claiming input tax credits due to non-compliant vendors

Achieve improved visibility across vendors with real-time flags to claim maximum ITC

Group vendors based on their compliance status for long lasting relations to enable payment release

Maintain vendor relations with timely payments, enhanced remittance, and on-demand professional support from our dedicated team

Why us for mitigating all your Indirect Tax Compliance challenges?

0 billion

e-Invoices already generated

250+

successful ERP integrations

100%

business continuity with ITC insights and CFO Dashboards

15%-19%

of India’s e-Invoice volumes are processed via Cygnet’s compliance platform

3-way reco

between e-Way bills and returns leading to minimum notices

24/7

support for uninterrupted services

Connect now with our TaxTech Architects

    I agree to the Terms & Conditions and Privacy Policy and allow Cygnet Digital to contact me via email or phone call for my inquiry.*

    I agree to receive occasional product updates and promotional messages on WhatsApp / Email / SMS.