Using many different applications and software separately is one of the barriers to optimizing business operations. There are many applications and software which are currently used in the finance – accounting department such as tax declaration software, payment applications, electronic banking, and electronic invoice (e-invoice) software, etc. The control of many software applications make users take a long time to enter data, information is not integrated, and the percentage of errors is also higher.

The retail sector, especially, has a large number of daily transactions, with many points of sale (POS) and branches in many different geographies. The operation and reconciliation between applications and softwares without data integration is a challenge and barrier in enterprise resource management. In addition to complying with the legal regulations of using e-invoices issued by the Ministry of Finance, retail businesses are soon looking for solutions to integrate their current business software with other e-invoice software to automate the e-invoicing process.

The below benefits that retail receipt printing software bring to businesses including:

#1. Electronic invoice integration solution ( Add on E- Invoice Integration

Allows flexible setup, connection with many different e-invoice software, optimizing the e-invoicing process: online/offline; allows to manage different invoicing branches and unlimited invoicing service providers. NaviWorld has provided retail invoice printing software Add-on E-invoice integration allowing to integrate with many leading e-invoice service providers in Vietnam such as Bkav, Viettel, Misa, Thai Son…

#2. Automate the invoicing process by integrating e-invoicing

Automate the invoicing process by integrating e-invoicing from the ERP system, minimizing the users’ involvement. Users will not need to re-enter the information on the e-invoice application, especially in the retail industry where the number of invoices issued daily is very large, thus allowing resource savings and helping retail stores chains limit errors and loss of invoices.

#3. All transactions on electronic invoices

All transactions on electronic invoices are linked and processed right at each screen of accounting functions on sales and invoices, all tightly integrated into a single software, data imported once and inherited without having to re-import in two different software. Integrating e-invoices helps accounting data be compared and closely linked with e-invoice information, retrieving output VAT reports, sales revenue, and invoice usage status easily and quickly.

#4. E-invoice software, when integrated with CRM/ERP system

E-invoice software, when integrated with CRM/ERP system, allows retail stores to automatically issue e-invoices right after the sales transaction completion, helping customers to receive e-invoices immediately. In addition, data comparison between ERP software and e-invoice portal can also be done quickly and efficiently, avoiding invoice loss, ensuring consistency between the business system and e-invoice software.

#5. The integration of e-invoices also helps run business effectively

The integration of e-invoices also helps retail chains minimize errors and confusion due to differences in language and culture and comply with the local law on management and use of invoices. E-Invoice eliminates the cost of printing and sending traditional invoices, saving time of waiting to receive invoices, avoiding the risks of losing, burning, crumpled and damaged invoices; thereby, your company will save costs and improve business efficiency.

Most of the medium and large retail businesses are using comprehensive retail and enterprise management solutions (ERP – Enterprise Resource Planning) with many integrated modules, including the LS Central solution (previously LS Retail) provided and implemented by NaviWorld Vietnam to meet their size and business model. LS Central is a comprehensive integrated retail solution that has been popularly used by many global organizations and retail brands. Thus, the connection between the finance and accounting module of such an ERP solution with the electronic invoice software will bring many benefits to the retail business.

NaviWorld Vietnam has developed and provided retail receipt printing software solutions for integrating information between LS Central/ LS Retail software system and e-invoice software.

Join NaviWorld Việt Nam to learn more specifically about importance and utility integrated retail invoice printing software solution for your business.

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