This module provides an extensive health check of the invoices available for discounting purposes by validating them through GSTN, IRP and e-way bill data. Before discounting any invoice, the financiers can use this validation to add an additional layer of authenticity.
Lenders can provide the invoice details in this module to verify and reconcile with GSTN, EWB or EINV data before providing a bill discounting facility with a due consent from borrower.
Corporate reaches out to Banks/NBFCs for Invoice discounting
Corporate wants invoices discounting facility for sales or purchase done by him
Bank/NBFC wants to validate the Invoices authenticity before providing the invoice discounting facility with GST. Einvoice, EWB data
Validate Invoice details with GSTN Portal
Validate Invoices with NIC elnvoice details
Validate Invoices with NIC-EWB (e-Way Bill details)