SuntecGroup

The Kingdom of Saudi Arabia's (KSA) e-invoicing mandate, effective from December 4, 2021, revolutionizes financial management for banks and financial institutions. This pivotal shift towards digital transformation mandates the adoption of e-invoicing software and solutions across the business spectrum. It promises enhanced payments efficiency, security, and regulatory compliance. By automating invoice processing, these solutions mitigate errors, combat fraudulent invoicing, and prevent VAT evasion, fostering a transparent, efficient trade environment. The implementation of e-invoicing softwar

SunTec's e-Invoicing Solution seamlessly integrates with your existing accounting frameworks or our bespoke VAT engine, ensuring readiness within weeks. Crafted to demystify VAT management, this solution facilitates the electronic crafting and sharing of e-invoices, smoothens accounting operations, and guarantees adherence to regulatory reporting mandates. Our solution, with a proven track record of successful VAT implementations for over 30 banks in the Middle East, showcases our profound understanding and expertise in the financial domain. Our dedication to the banking sector is mirrored in