Intelligent CIO Middle East Issue 30 | Page 97

//////////////////////////////////////////////////////////////////// t cht lk How would Infinite e-Invoice Suite help enterprises during a tax audit? Infinite IT Solutions helps enterprises to have a smooth tax audit. Each invoice which is exchanged via Infinite E-Invoice Suite is being tracked on various stages (e.g. creation, reception, reading, transfer, etc.); such information on each invoice is extremely helpful during an audit, for both parties since it makes for a complete history of a given document. Also, in the event of a tax audit, businesses using e-archive solutions are able to provide auditors with a temporary access to e-documents via the administration panel. There, the tax authority is able to retrieve both a printable document and an original file of this document. How can data archived in the Infinite e-Archive Suite be accessed? All electronic documents can be easily accessed via our www portal. All you need is an Internet access. There is no need to install dedicated software or to connect via a special network. All documents are easily accessible 24/7, so actually even a tax auditor does not need to be physically present at a company during an audit. receive complete and correct documents much faster, suppliers are getting paid faster than in the paper-based model. Moreover, adopters of data automation gain better understanding of their market. How are documents organised in the Infinite e-Archive Suite? By contrast, processing big numbers of paper documents requires substantial man-power. The most common complaint about manual document processing besides time itself, is the number of errors. When a business process is automated, documents undergo a validation path (set individually as per the client’s business rules) this eliminates errors arising from manual document handling once for all. Our solution captures all data from an invoice. Consequently, users have at their disposal various searching parameters which can be used to find a particular document, such as: invoice date, amount, business partner, TRN, just to name the most common ones. How can the process of business automation reduce costs? Every single company is looking to increase its income and reduce costs, and this is actually what we help companies to achieve with our IT solutions and business expertise. On one side, automating a business process leads to the improvement of supply chain relations. Documents are exchanged in real-time, deliveries are error-free, companies Taking all these benefits together, companies with the digitally-managed document flow experience big savings on day-to-day operations. Łukasz Spirała Business Development Manager at Infinite IT Solutions supporting companies in Europe and the GCC in streamlining their supply chain processes and improving business relations between suppliers and buyers. His key areas of specialisation include: e-invoicing, integration of IT systems, exchanging documents electronically, e-archiving, sales-support solutions and integrated solutions for accelerating business processes inside organisations. Infinite IT Solutions Infinite IT Solutions has been working in the field of data automation projects for the past 15 years. Infinite IT Solutions offers a comprehensive set of IT solutions which facilitate paperless business communication with e-documents. Supporting purchase and sales processes is another important area of the company’s activities. Also, recently Infinite IT Solutions has expanded its offerings with the e-sign solution which allows entrepreneurs to sign all documents, including contracts, electronically. Thanks to its European background, experience gained across four continents, Infinite IT Solutions has established its strong presence in the UAE, Kuwait and Oman working with companies like Transmed, NTDE, Khimji Ramdas or Ali Abdulwahab Al Mutawa. n www.intelligentcio.com INTELLIGENTCIO 97