Here’s how streamlining invoice processing, reducing errors, and ensuring timely GST compliance with AP Automation helps ITC
This blog post delves into the pivotal role of automation in refining Accounts Payable processes and ITC reconciliation. It highlights how leveraging tools like IRIS ASAP not only streamlines operations but also ensures compliance and nurtures supplier relationships, paving the way for heightened business efficiency.
Automated invoice processing streamlines the accounts payable processes by seamlessly inputting invoice data into the company’s ERP or accounts payable system.
E-invoicing and AP Automation | With the introduction of GST, the invoice data became available to the companies via GSTR 1, GSTR 2A and now also GSTR 2B. This helped in building AP automation products around GST data.