Client Profile
India’s leading fast-moving consumer goods (FMCG) company was established in 1933 and became a powerhouse in the consumer goods industry. The company boasts a diverse portfolio of well-known brands across various categories, including personal care, home care, foods, and refreshments.
Business Challenges
- Firm suffered ITC losses as vendors delayed invoice filings, and E-Invoice compliant vendors failed to generate E-Invoices
- Their system couldn’t send sales invoices for E-Invoice generation or distributor sales return
- The team manually reached out to vendors for reporting invoices, a time-consuming task.
- Recording reported invoices and reconciling them in the purchase register led to time-consuming processes and significant ITC losses.