Leverage the digital data with simple use cases
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Input
- 1Pre-processing
- 2File format agnostic document classification
- 3Domain specific validations
- 4Data contextualization based on ML
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Output
- 7Analytics based on patterns, industry standards and ratios making informed
- 6Supervised learning
- 5Template agnostic data extraction
About Invoice IDP
AI/ML based invoice data extraction with Intelligent Document Processing to manage and store the required information in digital format at ease.
How to digitize invoices with an Intelligent document processor?
1
Invoice data extraction
2
Smart Validations
3
Sync authenticated data in ERP
How will it benefit you?
Improves data accuracy with minimal errors
Process large volumes of invoices within minutes
Improve data transparency between companies & multiple vendors
Reduction in reversals and maximization in ITC
Transparency between companies and vendors
End-to-end automated payments
Reconciliation with GSTR 2A & 2B where details can be auto-populated in GSTR 3B
Only authenticated data is posted in the compliance, Vendor & ERP systems
Reduction in Manual Efforts
Visibility of Invoice status of vendors at each stages like – Posted for payments | Payment Processed | Paid status
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