There is a lurking issue in many real-time reporting systems that depend on either trusted parties or trusting the government with all the invoice data. We believe neither approach is ideal, so we came up with a better alternative. We developed a tool that can automatically audit all e-Invoice extractions and conversions, and attach a cryptographic signature to the extraction. This signature is then sent either to the Tax Administration or any other system managing the real-time reporting. By doing so, we close the loophole of fraud, making the audit automatic and eliminating the need for manual checks, thereby improving efficiency.
Source Summitto
