Fully digitalized e-invoices drive deep integration of enterprise business-finance-tax development

Fully digitalized e-invoices use invoice tags as the entry point to gradually achieve the collection and aggregation of all types of invoice data. At the same time, the specific content recorded on invoices is elementized to generate structured information that can be read and collected, thereby enabling interconnection among business documents, invoices, and accounting vouchers and strengthening the linkage of various tax and fee data. It can be seen that fully digitalized e-invoices will drive enterprises from the previous partial integration of business and finance to a new stage of deep integration of business-finance-tax-invoice-archives, and enterprises will shift from active compliance with tax law to automatic compliance.

1. Data linkage and interoperability

Currently, the business-finance-tax management of most enterprises in China mainly relies on the business-finance integration system of ERP or financial sharing. However, this system is difficult to meet the needs of the digital transformation of group tax management. Fully digitalized e-invoices, with the help of invoice tags, gradually realize the collection and aggregation of various invoice data, transforming the specific content recorded on invoices into an elementized form and generating structured information that can be read and collected, enabling business documents, invoices, and accounting vouchers to interconnect and enhancing the linkage of various tax and fee data.

2. Deep business-finance-tax-archive integration

Enterprises are committed to building an integrated digital platform for business-finance-tax-invoice-capital-archives to achieve the integration of multi-business data. Around the entire lifecycle of enterprise business processes, they sort out and optimize tax-related and invoice-related processes, and through system integration and data transmission, achieve integrated fusion of business-finance-tax-invoice-capital-archives.

3. Tax data empowerment

Enterprises can fully leverage the factor role of tax data assets. On the basis of data standardization, they can strengthen tax risk control and tax analysis capabilities, realize management of tax-related matters for all tax types across the entire lifecycle of enterprise business processes, and truly empower business and optimize tax burden.

Kailing TechnologyStarting from the system construction and system building of the digital-intelligent transformation of enterprise tax management, it has built a fully digitalized e-invoice service architecture covering all invoice types, all scenarios, and comprehensive risk management, providing assembly capabilities for multiple industries and ecosystems, and helping enterprises achieve the issuance, receipt, management, use, and storage management of fully digitalized e-invoices. By aggregating the upstream and downstream of the industrial chain, it achieves value synergy and provides enterprises with more efficient, convenient, and compliant tax services.

Kailing Technology provides enterprise business-finance-tax digital product lines according to enterprise needs:

Solutions for businesses including sales contract management system, procurement contract management system, fully digitalized Leqi interface project, output automatic invoicing system, employee expense control and reimbursement system, input VAT invoice management system, supply chain collaborative reconciliation system, image OCR recognition system, automatic financial bookkeeping system, and electronic accounting archives system, professionally and efficiently supporting the transformation and upgrading of enterprise business-finance-tax digital management.

If you have any business-finance-tax digital transformation needs, welcome to contact us. Beijing Kailing Technology will serve you wholeheartedly.