IMS Action Plan for FY 2025–26: What’s New & What’s Next

Webinar

Join us for an exclusive webinar that unpacks the critical changes, updates, and next steps for the Invoice Management System (IMS) as we step into FY 2025 – 26. Whether you’re a tax head, GST consultant, or compliance lead, this session will help you stay ahead of the curve. Seats are limited so, register now to future-proof your GST strategy.

Date: 7th May 2025 | Time: 11 AM IST

Don’t let this opportunity pass you by.
Reserve your spot now!

Ashwini Gorhe

Ashwini is a Product Manager at IRIS Business Services Ltd with 12 years of experience. She is a Chartered Accountant by profession.
As a Product Manager, Ashwini plays a pivotal role in shaping the company’s GST product roadmap. Her responsibilities include in-depth research on market trends, understanding the complexities of Goods and Services Tax (GST) regulations, and translating this knowledge into product-level business strategies and validation rules.
Apart from her strategic contributions, Ashwini is actively involved in providing hands-on assistance to clients, offering solutions to critical GST-related queries. Ashwini frequently conducts product demonstrations, guiding taxpayers on leveraging the IRIS GST offerings to enhance their productivity and ensuring GST compliance with ease.
Recognizing the importance of educating taxpayers on the ever-evolving GST landscape, Ashwini takes the initiative to run various webinars focused on topics like e-invoicing and updates on GST.

Introduction

Why IMS is gaining strategic importance in GST compliance
Quick recap of FY 2024–25 trends

What’s New in FY 2025–26?

Regulatory & Compliance Updates impacting IMS
APIs live for Supplier to view IMS actions taken by recipient
System Enhancements in IRIS Sapphire:
1. One to many and Many to many reconciliation
2. Identify invoices on which actions need to be taken which going to impact current GSTR 2B
3. PAN-level tracking
4. Real-time communication features between recipient and supplier
5. Consolidated supplier-side IMS report (across GSTINs & return periods)
6. Bulk invoice actions for recipients
7. Smart filters to identify high-impact invoices

Live Q and A session for all the participants

IMS in GST: Role & Relevance

What is IMS and why it matters
How IMS helps both recipients (to optimize ITC) and suppliers (to manage invoice acceptance/rejection)
Link between IMS actions and GSTR-2B finalization

What’s Next: IMS Roadmap & Proactive Action Plan

How businesses can proactively manage invoices under new FY
Must-have checkpoints for recipients before finalizing GSTR-2B
For suppliers: Using recipient action reports to plan timely corrections
Building an internal process for action + communication within return period

Best Practices for FY Kickoff

Set up monthly IMS review cycles
Establish vendor communication SOPs
Train teams on action-based workflows
Use PAN-level views for group-level monitoring

The Invoice Management System (IMS) has quietly moved from a back-end feature to a front-line tool for GST compliance and strategy. FY 2025–26 is set to bring a wave of upgrades—from API access to action tracking and PAN-level analytics—reshaping how businesses interact with invoices across the supply chain.

Whether you’re looking to avoid ITC mismatches, tighten supplier collaboration, or proactively manage GSTR-2B, this session is packed with insights you can act on right from Day 1 of the new financial year. Learn how IRIS Sapphire’s latest features can support your business, and walk away with a roadmap you can implement immediately.