VERITY
Vendor Tax Integrity System
Safeguard Input Tax Credit. Enforce vendor-level compliance. Eliminate GSTR-2B mismatches—without ERP integration.
The Business Challenge
For large manufacturing, infrastructure, and industrial enterprises, working capital efficiency depends on a vast network of MSME vendors. Managing this ecosystem introduces significant operational risk under strict indirect tax regulations.
The core constraint arises from statutory compliance under Section 16(2)(c) of the CGST Act. Input Tax Credit (ITC) cannot be fully claimed unless vendors upload invoices and complete their tax filings on time.
At the same time, the MSMED Act mandates vendor payments within 45 days, leaving finance teams with a narrow window to validate thousands of invoices against government-reported data. This creates a critical gap—leading to payments made to non-compliant vendors and substantial working capital leakage.
The VERITY Solution & Core Capabilities
VERITY acts as a continuous tax validation layer within your enterprise environment.
It replaces manual invoice checks by automatically reconciling incoming invoice data with official tax filings. The system runs continuously in the background, requiring zero database integration or ERP code changes.
Structural Data Extraction
Extracts invoice data using a layout-anchored parsing layer, capturing text, values, and GSTINs with precision. By avoiding generative models, the system eliminates hallucinations and ensures deterministic data accuracy.
Automated Ledger Cross-Referencing
Continuously monitors secure local directories and matches invoice data against GSTR-2B filings. The engine performs precise, line-level validation against government-reported credit statements.
Accounts Payable Clearance
Resolves formatting inconsistencies—such as naming variations or invoice discrepancies—using deterministic matching logic. Generates a clear, executive-ready clearance sheet identifying which invoices are safe to process.
Engineered for Strict Institutional Excellence
Reduce Administrative Burden
Eliminate manual reconciliation across thousands of invoice lines, significantly reducing processing effort during critical filing cycles.
Pre-Payment Visibility
Access a clear, continuously updated checklist aligning invoice data with GSTR-2B before entries enter the payment cycle.
Zero Workflow Disruption
Preserve existing ERP workflows. VERITY operates silently in the background through secure local file streams.
Financial Sovereignty & Data Control
Tax records, vendor structures, and cash flow intelligence remain fully protected within your enterprise boundary.
- •Deploys fully on-premises or within your private VPC environment.
- •Operates with zero external data transmission or cloud dependencies.
- •Prevents exposure of sensitive vendor pricing and negotiation structures.
- •Aligned with Indian data localization and indirect tax compliance requirements.
Why VERITY
"By replacing manual tax validation with passive, deterministic local processing, VERITY safeguards Input Tax Credit integrity and ensures every eligible rupee is captured—without altering existing ERP workflows."