Solution benefits
Key benefits of E-Fatoorah Generator:
- Mature and tested
Similar EY e-invoicing solutions have been deployed globally and are widely tested in mature jurisdictions - Customized solution
E-FG can be customized based on your needs, including integration with your ERP and billing environments - Non-disruptive
E-FG is a non-disruptive tool, which is easy to deploy and keeps costs in check - Local data hosting and processing
E-FG is hosted on servers located in the Kingdom of Saudi Arabia, and data does not leave Kingdom when being processed
Solution features and functionality
Key features of E-Fatoorah Generator:
- Tax authority integration
E-FG provides a seamless integration with the tax authority’s platform, with a number of options for data transmission - Data validation and analytics
E-FG will perform real-time validation of invoice data, applying advanced analytics and tax logic - Insightful reports
E-FG provides insightful and intuitive reports and dashboards, which are essential in proactively managing e-invoicing compliance and tax risks - Security credentials
E-FG will be compliant with specific ISO and SOC certificates and hosted on a CITC approved Class C cloud in the Kingdom of Saudi Arabia – the highest security rating available in the Kingdom to date - Comprehensive approach to VAT compliance
EY can provide a comprehensive approach to VAT compliance, by integrating e-invoicing and the VAT return preparation process
E-Fatoorah Generator is expected to follow the process outlined below to transmit and validate e-invoicing data: