How can enterprises seize the opportunities of "fully digitalized e-invoices" and "Leqi services" to achieve leapfrog development

From the shift of China Golden Tax Phase III's "controlling tax by invoice" to China Golden Tax Phase IV's "governing tax by data," fully digitalized e-invoices have become the core breakthrough of China Golden Tax Phase IV and have been rapidly promoted in recent years. Although digitalized tax administration and the popularization of fully digitalized e-invoices have brought challenges to enterprises, they have also provided opportunities in invoice management, supply chain collaboration, and financial management. So what exactly do the pilot promotion of "fully digitalized e-invoices" and the "Leqi Service" guidelines mean for enterprises? Let us gain a deeper understanding of this change through two enterprise examples.

Large enterprises rely on an intelligent fully digitalized input and output VAT management platform to efficiently handle invoice business

A certain large retail chain enterprise currently faces multiple challenges: on one hand, mixed issuance of paper and electronic invoices leads to complex and slow invoicing processes with low automation, unable to achieve centralized invoicing control, which in turn triggers frequent complaints from C-end consumers; on the other hand, on the input VAT side, due to being in the fully digitalizedIssueDuring the invoice promotion stage, enterprises also receive a mix of fully digitalized e-invoices or VAT invoices, which requires a large amount of manual work for duplicate checking, authenticity verification, compliance verification, and certification selection of invoice information, which is inefficient and error-prone. As a listed company, this retail chain enterprise must follow strict standards in financial review, which causes finance staff to spend a great deal of time on self-inspection, patrol inspection, and audits of input and output invoices. Considering these challenges, because this retail chain enterprise meets the conditions for applying to Leqi, it decided to carry out digital upgrading of invoice management through "Leqi."

Solutions

1、 Leqi Direct Connection data interconnection

KailingTechnology canAssist in connecting to Leqi, carrying out adaptive testing and transformation of existing interfaces, and adding multi-channel switching capability to ensure stable business operations.

2、 Automatic batch invoicing for output VAT invoices

Meet the diverse invoicing scenarios of enterprises on both the ToB and ToC sides, guaranteeing an automatic invoicing volume of 1 million per month and improving the satisfaction of the enterprise's 400,000+ members.

3、 Centralized intelligent certification of input VAT invoices

Batch authentication for multiple stores and multiple tax numbers, integrated centralized control, and online centralized batch selection and authentication of invoices according to invoice posting status.

4、 Unified management of input and output fully digitalized e-invoices

The system automatically generates input and output VAT invoice management ledgers online, and also supports various online invoice statistical reports, making it convenient for finance to conduct data analysis.

Build a digital business-finance management platform through industry chain collaborative data interconnection.

Due to the large number of suppliers and huge business scale, a multinational group found that offline counting and confirmation of supplier packing lists was not only inefficient but also prone to errors, and communication costs were alsoCompareRelatively high. In invoice management, the enterprise currently uses manual collection, verification, and data matching. Facing large volumes of business processing, this approach is time-consuming, labor-intensive, and low in accuracy, lacking systematic business support. In addition, the group lacks a unified and effective invoice management mechanism, unable to meet the enterprise's future needs for invoice digitalization and financial shared services platform construction。Given these challenges and fully digitalizedIssueGiven the opportunity of invoice promotion, the group decided to launch the construction of a digital business-finance management platform.

Solutions

1、 Centralized management of fully digitalized e-invoice output and input

Achieve global invoice management, including invoices from 800+ suppliers and employee expense invoices across the entire group, supporting direct connection issuance of fully digitalized e-invoices for 32+ subsidiaries.

2、 Full-chain data interconnection for payables

Fully connects with the customs system, with packing details automatically declared throughout the process, enabling data interoperability, reducing manual operations, and improving data accuracy by 99.2%.

3、 All-new supplier reconciliation collaboration

Through Invoice CloudThe platform enables online collaborative reconciliation and collaborative invoicing between 800+ suppliers and the enterprise, expected to save 2,198 work hours per year and nearly 1 million in annual mailing and paper costs.

4、 Digital invoice compliance control

Invoice duplicate checking and authenticity verification rate reaches 99.99%, supplier blacklist is regularly monitored, risk is reduced by 90%, and invoice status is digitally supervised throughout the entire process.

It can be seen that the two enterprises in the above case seized the opportunity of "fully digitalized e-invoices," using it as a turning point to upgrade and change their existing process models, and effectively solved business pain points in traditional financial processes through digital means. If you are interested inTheyIf you are interested in the details of the solution used, you are welcome toContact Kailing Technology forLearn about、Consulting.

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Beijing Kailing Technology Co., Ltd.——an enterprise business-finance-tax digitalization solution service provider.

Kailing Technology provides solutions for sales management systems, procurement management systems, output invoicing systems, input invoice collection systems, imaging management systems, financial posting systems, electronic accounting archives and other businesses according to enterprise needs, professionally and efficiently helping enterprises transform and upgrade their 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.