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What is Accelerated E-Invoice Solution?
Accelerated E-Invoice transforms traditional invoicing into a streamlined digital process, enhancing efficiency and compliance for seamless B2B and B2C transactions. Experience swift invoice processing and enhanced accuracy with advanced electronic billing solutions.
India’s E-Invoicing System
The Government of India introduced an e-invoicing system to streamline GST invoice integration and reporting.
Saudi Arabia’s E-Invoicing Regulations
KSA’s General Authority of Zakat and Tax (GAZT) introduced new e-invoicing regulations in two phases on December 4, 2021.
UAE’s E-Invoicing Implementation
The Federal Tax Authority (FTA), under the Ministry of Finance (MoF), is responsible for implementing e-invoicing, overseeing regulations and service provider accreditation.
Key features
Accelerated E-Invoice solution includes streamlined efficiency and compliance with modern invoicing needs.
Insights that define value
40%
increase in efficiency within accounts payable departments due to streamlined workflows and reduced manual intervention.
60%
reduced costs as compared to traditional processes and faster e-invoicing.
90%
decrease in data entry errors with automation in e-invoicing, significantly reducing disputes and enhancing the accuracy of financial records.
40%
increase in efficiency within accounts payable departments due to streamlined workflows and reduced manual intervention.
60%
reduced costs as compared to traditional processes and faster e-invoicing.
90%
decrease in data entry errors with automation in e-invoicing, significantly reducing disputes and enhancing the accuracy of financial records.
Explore how Accelerated E-Invoice can transform your business operations. Book your personalized product demo today and discover the benefits of streamlined invoicing.
Unlock powerful benefits
Accelerated E-invoice solution offers essential benefits for streamlined international trade operations.
Enhanced Supplier-Buyer Relations
Efficient payments bolster relationships, streamlining processes for mutual benefit.
Early Payment Advantage
Swift e-invoicing enables early payments, offering suppliers discounts and financial benefits.
Efficient Data Handling
Streamlined e-invoicing minimizes errors in document exchange, enhancing payment efficiency.
Cost Savings
E-invoicing accelerates processes, saving 60% compared to traditional methods, reducing overall costs significantly.
Frequently asked questions
What is Accelerated E-Invoice solution? +
Accelerated E-Invoice, or electronic invoicing, digitizes the invoicing process to streamline performance in invoice processing between trading partners, suppliers, and customers. It eliminates traditional paperwork, ensuring error-free transactions and faster approvals.
What are the key benefits of Accelerated E-Invoice? +
Accelerated E-Invoice improves supplier-buyer relationships through quick payments, facilitates early payments for discounts, enhances data management with seamless document exchange, and reduces costs significantly compared to traditional methods.
How does Accelerated E-Invoice comply with government regulations? +
Accelerated E-Invoice adheres to statutory regulations, such as those mandated by the Government of India for GST integration. It supports electronic data interchange directly with government portals, ensuring compliance without manual processes.
What features does Accelerated E-Invoice offer? +
Accelerated E-Invoice features automatic generation and cancellation of Invoice Reference Numbers (IRN), a user-friendly interface for easy adoption, comprehensive integration support, and compatibility with various tax-based solutions.
Why choose Accelerated E-Invoice over traditional invoicing? +
Accelerated E-Invoice offers faster processing times, significant cost savings of 50–70%, improved accuracy in invoice handling, and enhanced supplier and buyer relations through automated processes and early payment incentives.
Empowering businesses with E-Invoicing
Trusted by top-tier companies worldwide, Accely E-Invoicing platform boosts efficiency and reduces errors.
Unlock valuable resources
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