Cygnet Vendor Portal Application
Cygnet Vendor Portal is a powerful web based application for clients and their vendors to reconcile their invoices for accurate ITC claims and smooth payment processing.
- 2-way reconciliation between inward invoices and GSTN
- 2-way reconciliation between outward invoices and GSTN
- Gives Match and Mismatch report
- Real time verification with Govt. Portal
- Sharing Responsibility with Vendors
- Purchase order reconciliation can be done if necessary
- Reduced internal resource demand
- Real time Notification (Email/SMS) to Users
Benefits to Vendors
- Visibility on invoices that are matched for payment
- Notification on mismatched invoices
- Timely payments without client follow up
- Upload corrected invoices to GSTN directly
- Improved relationships with clients
Benefits to Customers
- Better visibility on vendor invoices
- Claim rightful ITC
- Reconcile purchases with vendor invoices through GSTN
- Pay vendor only for the locked/matching invoices
- Better vendor relationships
Want to check if Vendor Portal is right for your organization?
Contact us for a consultation today.