Automated & Seamless
e-Invoice Generation
Integrate Your ERP, Accounting Systems With Cygnet GST e-Invoicing Solution
Generate IRN & QR Code in seconds
HIGHLIGHT
- So far more than 130 million e-Invoices in India are generated via Cygnet Tax Tech’s Compliance Portal.
- 125+ successful e-Invoicing implementations done across Pharma, Manufacturing, FMCG, Automobile, Chemical, Oil & Gas industries.
e-INVOICING SOLUTION FOR ALL BUSINESSES – SEAMLESS INTEGRATION WITH ANY ERP, GST, e-WAY BILL
IMPLEMENTATION DONE ACROSS 500cr+ COMPANIES
IMPLEMENTATION DONE ACROSS 100cr+ COMPANIES
TAXPAYERS BEYOND 50cr+ NEED TO GO LIVE BEFORE 1st April 2021
e-INVOICE INTRODUCTION IN INDIA
Following the global adoption & implementation of the e-Invoicing system, India too joined the bandwagon to implement this tech intensive process nationwide in a phased manner w.e.f October 1, 2020 for businesses with turnover exceeding 500 crore for B2B supplies.
Time has arrived for businesses in the 100-500 cr. segment to come under the fold of e-Invoice generation process w.e.f. January 1st, 2021. This be followed by all registered persons implementing e-Invoicing w.e.f. April 1st, 2021.
E-invoicing Mechanism In India
PROVEN TAX TECH EXPERIENCE ACROSS PHARMA, BANKING, MANUFACTURING, FMCG, AUTOMOBILE, CHEMICAL, OIL&GAS INDUSTRIES
CYGNET e-INVOICING SOLUTION
Data Preparation
The application extracts the invoice data from your ERP or source system through automated integration & converts the data into JSON format as per the schema provided
Data Pushed on IRP
Cygnet e-Invoice application pushes the data to the IRP, receives the digitally signed invoice along with IRN and the QR code
Reverse Integration with Source System
Solution passes the digitally signed Invoices, IRN & QR code back to your system through reverse integration mechanism
Data Upload
The application will accept the data in all formats whether csv, excel or JSON
Reconciliation
Cygnet provides 3-way reconciliation between e-Way Bill, GST returns and e-Invoicing data
Digital Signing of Invoices
Digitally Signs invoices in bulk with multiple signature types & sends the signed invoices to customers/vendors
VARIOUS INTEGRATION OPTIONS PROVIDED BY
CYGNET e-INVOICING SOLUTION
SFTP Based Integration Approach
A batch wise transfer of Invoice related data fetched from your ERP Systems
Bulk Upload Through Cygnet Application
Auto population of e-Way Bill, e-Invoicing and GST returns data
API Based Approach
Integration with your ERP Systems via Enriched API with enhanced reconciliation features & reporting
FACE Based
An accounting software integrated with e-Invoice & EWB generation along with GST compliant sales register
ACCOLADES
WHY CYGNET GSP IS THE BEST E-INVOICING SOLUTION?
20% of total E-invoices generated in the month of October 2020, processed through Cygnet GSP Portal with lowest No. of cancellations!
WHY CYGNET e-INVOICING SOLUTION?
Seamless ERP Integration
- Ready connectors for SAP, Oracle, Tally and other ERP systems
- Convenient ways to integrate API, FTP and others
e-Invoice Management
- Creation, Cancellation and Management of e-Invoice
- Full audit trail of data imports and data flows
400+ data validations
- GSTIN, HSN, PoS & Tax amount validations
- Document validations – invoice number, CDN, amendments, Export data
Integrated with GST and e-Way Bill
- Single data import for e-Invoice, GST and e-Way Bill
- 3-way reconciliation between e-Invoice, GST and e-Way bill
Reliability and Availability
- Own Data center with 99.98% uptime, 24x7 support
- Experienced Tax and Technology Professionals
Privacy and Security
- ISO 27001, ISO 9001 and VAPT certified
Cygnet’s Integration Approach
e-INVOICING CONSULTATION
Cygnet has a global presence and is serving tax technology solutions across India, USA, UK and UAE. With the support of our knowledge partners spread across the globe, we provide tax technology consultations across India, Middle East, UK etc.
We offer VAT solutions for UK and UAE regions as well.
COMPREHENSIVE SOLUTION FOR ALL YOUR GST COMPLIANCES
Cygnet GSP offers e-Invoicing, e-Way Bill and ASP-GSP solution
AREN'T YOU e-Invoice READY YET?
Learn how Cygnet GSP can help Implementing e-Invoicing for your business !