How can enterprises in the agriculture and agricultural products industry implement a reverse invoicing platform for live cattle transactions?

① Standardized intelligent cattle verification: introduce AI weight estimation and online verification of quarantine reports; ② Fully online traceable payments: bank-enterprise direct connection + electronic payment vouchers, achieving the integration of "payment, invoice, and flow"; ③ Automated reverse invoicing: connect to the tax system to issue procurement invoices in batches for farmers.

What problems existed before Find Niuniu launched reverse invoicing?

① No standards for acceptance and valuation: relying on "brokers" for visual estimation, disputes over weight and grade occur frequently, with a transaction dispute rate exceeding 15%; ② Difficult compliance in cash settlement: more than 90% are cash transactions, funds cannot be traced, and costs cannot be listed for tax purposes; ③ High tax burden due to missing invoices: farmers cannot issue invoices, enterprises lack input deductions, and pay approximately RMB 20 million in additional taxes annually.

What results were achieved after Find Niuniu's reverse invoicing project went live?

Transaction dispute rate reduced from over 15% to below 3%; three flows of payment, invoice, and goods unified, full capital traceability; enterprise annual compliant deductions exceed 18 million yuan.

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Agriculture and agricultural productsReverse invoicing

Find Niuniu · Live cattle trading platform

Find Niuniu | Live cattle cash transactions made compliant, saving 20 million in annual tax

15%→3%Transaction dispute rate

+18 millionAnnual compliant deduction

Enterprise overview

"Find Niuniu" is China's leading online live cattle trading and supply chain service platform, with annual matched live cattle transactions exceeding 500,000 head, serving more than 20,000 farmers, and annual transaction scale exceeding RMB 3 billion. It is deeply rooted in core pastoral areas such as Inner Mongolia, Xinjiang, and Gansu, and is committed to promoting the standardized, digital, and compliant transformation of the live cattle industry.

Business pain points

No standard for acceptance valuation: Reliance on "brokers" for visual valuation leads to frequent disputes over weight and grade, with a transaction dispute rate exceeding 15%;
Cash settlement is difficult to make compliant: more than 90% are cash transactions, funds cannot be traced, and costs cannot be listed for tax purposes;
Missing invoices lead to high tax burden: Farmers cannot issue invoices, enterprises lack input deduction, and pay about 20 million yuan more in tax annually;
Cross-province quarantine circulation is difficult: Cross-region purchasing faces multiple policy barriers such as quarantine, transportation, and taxation, resulting in low efficiency.

Solutions

Intelligent cattle inspection standardization: Introduce AI weight estimation and online authenticity verification of quarantine reports;
Fully online payments, traceable: Bank-enterprise direct connection + electronic payment vouchers, achieving the integration of "payment, invoice, and flow";
Reverse invoicing automation: Connect to the tax system to issue purchase invoices in batches for farmers;
One-click cross-province circulation: One-stop processing of digital quarantine certificates, transport filing, and tax prepayment.

Results achieved

Transaction dispute rate reduced from over 15% to below 3%
Three-flow integration of funds, invoices, and goods, with full traceability of funds
The enterprise's annual compliant deductions exceed 18 million yuan
Cross-province acquisition timeliness improved by 70%