Integrated Accounts Payable Engine
Integrated Accounts Payable Engine
A PwC India Product
Drive digital transformation of your Accounts Payable process. Includes an inbuilt supplier portal, intelligent invoice extraction engines, seamless (and real-time) TDS & GST process compliance capabilities, embedded workflows and process performance reporting on-the-fly.
All integrated with your ERP, to enable a truly touchless and compliant Accounts Payable process.
Key Features
Supplier portal for supplier self-service during onboarding and invoice submission
AI-ML based OCR for invoice data extraction (including multi-line invoices)
Inbuilt GST and TDS compliance engine through real-time / on-demand integration with MCA and GSTN portals. Includes QR code digital signature validation
Overseas payment compliances (Form 15 CA, CB) through dedicated login / access for CAs
Intelligent workflows for exception management, including pre-built configuration for MSME suppliers
Payment status visibility for business users and suppliers (including UTR#)
ERP integrations with SAP, Oracle, MS-Dynamics
On-premise and cloud deployment options
Managed service options for you to sit back and enjoy your process function on auto-pilot
What makes this unique?
End-to-End and standalone modules. Preconfigured APIs (with SAP, Oracle) for easy interface, and ability to integrate with existing AP tech investments.
First of its kind product that combines AP + IDT tax capabilities. Standard API based Validations with MCA, GSTN portal for a fully-compliant and efficient process
Process documentation, BRDs, benchmarks, best practices from over 100+ F&A clients, to accelerate implementation and bring in a strong outside-in perspective and inspiration
Implementation that will be supported by finance transformation experts – A team that is trusted advisors to the CFOs across industries, and preferred tax tech partner for 500+ companies
Our approach allows us to commit to unlocking outcomes as part of implementation, including process efficiency and compliance levels
What are the benefits you can expect?
20-30%
Efficiency Improvement
- Supplier Portal module, with supplier onboarding support
- Intelligent OCR (including validation with GSTR 2A/2B) for 90%+ accuracy
- Automated 3-Way matching and posting
- Intelligent and custom workflows – MSME suppliers, foreign payments (inc. access to CA for Form 15 CA / CB upload)
- Pre-coded RPAs for point automation
100%
Achievement of Tax compliances & Business Outcomes
- End-to-end IDT compliance through API validation with MCA and GSTN portal
- Validation engine to identify ITC eligible spends
- Anomaly Detection Platform for duplicate identification
- Redesigned AP delivery model (shared services) and capacity based on benchmarks and best practices
- Top-quartile POT% for better negotiations with suppliers
>90%
Paid on time & Optimized Total Cost of Ownership
- Supplier portal with self-serve capabilities & visibility
- IDT compliant and controlled processes
- Single, End-to-End solution for enhanced IT security
- Process performance (KPI/ SLA) and lifecycle visibility
- Enhanced on-time payments for supplier satisfaction
Contact Us
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