Bolt On - E-Invoicing and GST
E-Invoicing Architecture
Bolt On - E-Invoicing and GST
Electronic invoicing (e-Invoicing) is the exchange of the invoice document between a supplier and a buyer in an integrated electronic format. Traditionally, invoicing, like any heavily paper-based process, is manually intensive and is prone to human error resulting in increased costs and processing lifecycles for companies
Adopt the new e-Invoice standard wherein software would re-align their data access and retrieval in the standard format.
Two parts :
- - Generation : in a standard format so that invoice generated on one system can be read by another system.
- - Reporting : To Central System.
The basic aim behind adoption of e-invoice system by tax departments is ability to pre-populate the return and to reduce the reconciliation problems.
Bolt On - Comprehensive SAP Treasury - Track and manage Cash & Liquidity Forecasting
Enhances SAP user experience by providing holistic view of cash by tracking different touch points from order booking to ultimate collection
Sales to Cash Monitoring
- Provides a holistic view of Cash absorbed in different stages of order to Cash Collection end-to-end
- Automated cash related data extraction from Bank statements, payment service providers and treasury management systems
Cash and Liquidity Forecasting / Planning
- Centralized platform to track and forecast cash and liquidity by Days, Weeks, Months. Ability to configure variants on a click
- Perform liquidity planning and analysis to identify gaps or surpluses
- Manage both domestic and international finance operations
- Create centralized cash positioning and improved accuracy of daily transactions across planning groups
Customer / Vendor Management
- Manage customer collections, disputes and credit management
- Customer Vendor Dashboard for analysis and proactive reporting
Real-time Business Decisioning
- Heavily engineered to solve and support business decisions in real-time by providing insights on cash overview
- BI Compatible to support standard extractors for pulling data
Dashboards and Analytics
- CFO Cockpit and customizable dashboards and reporting
- Enhanced KPIs for strategic decision making relating to financing, loans and investments
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