Magazine : 
Cygnet's Live e-Invoicing Solution for 
500 crore Turnover Businesses
Cygnet GSP, a software solution that provides GST Suvidha for businesses has announced it is available LIVE with its e-Invoicing solution for businesses that has turnover higher than 500 crores. The company has generated the first IRN and QR code from the NIC portal through its ASP system. Alongside, Cygnet has also introduced a new version of the GSP portal that brings in various new features.
The Cygnet's e-Invoicing solution would aid the organizations to generate IRN number and QR code from the IRP and to auto-populate the E-Wat Bill which would cut down the efforts in reconciliation. Also, the solution would allow seamless processing of the e-invoice with integration with the EPR systems.
Niraj Hutheesing, Managing Director, Cygnet, states,"This has been an exciting moment for us. We are live with the E-invoice integration with our ASP solution and will now help our customers to test everything before it Goes Live on 1st October. I am also happy to share that our updated GSP portal will offer new features and modules that improve the user experience. As always, we are committed to updating our offerings as per the changes in the regulations and support our customers 24/7/365."
The company's integrated e-Invoicing solution offers various features that include QR code/ IRN Printing, automated upload of e-invoices using a single import format, over 400 Data Validations, Sync with GSTN & NIC, GST Returns and E-Invoicing, 3-way Reconciliation between E-Way Bill, advanced reports like provisional ITC report and 180-day reversal rule and a GST compliance score.
Cygnet further assures that it would provide fully automated E-Invoicing Solution that would greatly cut down the time and effort. Also, assures to offer compliance with robust security and support for the customers.
Read More News :
Data Reveals Growing Remote Work Burnout
Gmail Outage: Users Report Being Unable to Send Emails & Attach Files
