Navigate E-Invoicing Solution
A PwC India Product
Businesses with turnover exceeding 500 Mn are required to upload the details of every B2B transaction on Invoice Registration Portal (IRP) for generation of Invoice Reference Number (IRN) and Quick Reference (QR) code which needs to be incorporated in the invoice issued to the customer. Additionally, businesses with turnover exceeding 5Bn are required to generate dynamic QR code on B2C transactions.
Navigate E-Invoicing provides a complete end-to-end framework for managing E-invoicing compliance for B2B transactions and dynamic QR code generation for B2C transactions. It integrates with existing ERPs/ source systems ensuring a seamless and smooth transition with minimum changes to current processes.
The tool also integrates with other PwC Navigate Tax solutions and has several additional in-built validations to ensure that potential errors are flagged off in advance and return filings are accurate.
Key Features
Solution allows users to upload to all documents (both liable/ not liable for IRN) & automatically excludes documents not liable for IRN generation (e.g B2C invoices, financial debit/credit notes)
Solution provides a comprehensive list of validation checks which are fully configurable. Users can switch on/off any validation check as per business requirement
In case of transactions without any validation errors, the solution can automatically push the data to IRP for generation of IRN without requiring any front-end intervention
IRN can be cancelled within 24 hours of IRN generation as per statutory guidelines. An option to trigger IRN cancellation within the statutory time limit is available in solution
Option of reverse integration of IRN and QR code details with ERPs/ source systems is available in solution via APIs as well as file based integration
A cockpit can be deployed to manage E-invoicing compliance within SAP
Option is available to push B2C documents to generate dynamic QR code
Solution is integrated with other tax tech solutions like E-way bill and GST return compliance solution. So, data pushed for e-invoice generation can be leveraged for e-way bill and GST compliances
Key Benefits
Multiple options of data ingestion are available to enable seamless data flow between client’s ERPs/source systems & solution. Options of data integration are :-
- API based integration for real time data flow
- Flat file based integration for scheduled data flow
- Manual file upload from solution
Solution can be quickly deployed and is scalable to ensure IRN generation of voluminous transactions
Solution provides 100 + validation checks in order to ensure data accuracy. Errors are on a real time basis and on error identification, the document is not sent for IRN generation
Why Navigate E-invoicing?
Flexibility
- ERP/billing system agnostic
- Deployment on leading cloud platform and on premise
- Multiple integration models – flat file, API and manual
Experience
- E-invoice: Leading real-time solution - 15% of PAN India IRN generated, Over 170 million IRNs generated, 5700 GSTINs, 1400 companies
- Leading tax-technology solution provider across sectors
- Transformation: Extraction/transformation experience : Over 4 Bn transactions processed
Tax Support
- Large pool of tax professionals
- Need-based support/updates on application
Illustrative Dashboard
Indicative Commercial Model
- Priced based on number of GSTINs, IRNs, and users
- Deployed on Saas and Premise
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Contact Us
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