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ONE OF THE LARGEST FMCG COMPANIES
GENERATED REAL-TIME ZATCA-APPROVED INVOICES WITH CYGNET ’ S E-INVOICING COMPLIANCE PLATFORM
About Client
The client is the leading food and beverage manufacturer and distributor in the Middle East and the world ’ s largest vertically integrated dairy company . They offer 622 products that are delivered to more than 1,10,000 retail stores across 7 countries . Being one of the largest food and beverages fleets in the middle east their fleet includes more than 8000 vehicles .
Business Challenge
• Processing huge volumes of invoices daily
• Lack of adequate systems to validate bulk invoices as per ZATCA mandate
• Inability of POS & mobile devices to generate e-invoices in real time as per ZATCA requirement
• Data consolidation from multiple sources that include mobile devices , ERP systems , and other upstream systems
• Seamless connectivity of each source system directly with ZATCA for e-Invoicing
Our Solution
• Seamless integration with POS / business systems / ERPs / mobile devices
• Real-time generation of e-invoices for B2B & B2C with Cygnet ’ s e-Invoicing API
• Generation of XML , hash of XML , UUID , Cryptographic stamp & QR code while managing the sequencing of the e-Invoices being raised from multiple systems simultaneously
• Deployed on private cloud with on-demand with fully compliant & customized e-invoice in PDF-A / 3 format
Business Outcome
• Process – Generated 5Mn invoices per month having minimal / zero impact on their business & supply processes
• Compliance – 100 % compliance for all supply invoices issued from ERP & mobile devices
• Cost – Our ready connectors ensured faster turn around enabling client for Phase-II implementation within 4 weeks
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