Invoice Management System (IMS)

Live from 14th October, 2024

Get effortless IMS with Clear

Stay ahead of GSTR-3B hard-locking with real-time insights into buyer actions
Ensure accurate GSTR-2B with timely Purchase Register (PR) preparation & reconciliations

Effortless IMS
True Data True Compliance.

Smart Recommended Actions

Get actionable insights post-reconciliation to address discrepancies with minimal effort.

Easy cross-collaboration for IMS actions

Get a Unique Key for every document to easily identifiable and trackable within the organisation.

Avoid Notices

Minimise the risk of receiving notices due to inaccurate GSTR-2B data.

Accurate GSTR-2B with Easy Reconciliation

Streamline your Purchase Register (PR) and reconciliation frequency to prevent ITC delays.

Maximised IMS Benefits

Update your PR every day with GL-Stream.
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Seamless and User-Friendly Interface

No additional work, IT updates, or SOP adjustments required.

Smart Recommended Actions

Get actionable insights post-reconciliation to address discrepancies with minimal effort.

Easy cross-collaboration for IMS actions

Get a Unique Key for every document to easily identifiable and trackable within the organisation.

Avoid Notices

Minimise the risk of receiving notices due to inaccurate GSTR-2B data.

Accurate GSTR-2B with Easy Reconciliation

Streamline your Purchase Register (PR) and reconciliation frequency to prevent ITC delays.

Maximised IMS Benefits

Update your PR every day with GL-Stream.

Seamless and User-Friendly Interface

No additional work, IT updates, or SOP adjustments required.

IMS 101

Watch our IMS 101 video series where Clear’s expert, Yatin Kumar,
walks you through the what, why, and how of IMS.

Chapter 1 - What is IMS?

A quick and clear introduction to what Invoice Management System is, and how they help buyers gain better control over invoice tracking and compliance.

Chapter 2 – What Actions Can You Take on the Invoice Management System?

Once you understand what IMS is, the next step is knowing what to do with it. This chapter covers the key actions enterprises can take within IMS to streamline operations and stay compliant.

Chapter 3– How to take actions on IMS effectively?

Learn how to take actions in IMS to drive real efficiency. This session focuses on how teams can structure workflows for better output, consistency, and audit readiness.

Chapter 04 - Why was IMS introduced? 🚀

Beyond day-to-day use, IMS plays a larger role in shaping financial operations. This chapter explores strategic purpose of IMS and how its value is evolving within enterprise finance.

Chapter 05 - What Has Changed with IMS in Finance Operations?

From process improvements to automation gains, this chapter unpacks how IMS has evolved and what new capabilities finance teams can now leverage.

Chapter 06 - What Are Your Thoughts on IMS?

This video highlights how IMS reduces invoice mismatches, improves ITC claims, and ultimately helps enterprises avoid tax notices before they occur.

Chapter 07 - Pro Tip by Expert

We dive into credit note handling, invoice reconciliation, and other critical aspects where IMS adds value, especially for the enterprises with huge volume of invoices.

Chapter 08 - Future Prediction by Expert

In the final chapter, we look ahead. Yatin shares practical insights on the future of compliance and how IMS can help enterprises adapt with agility and control.

IMS Decoded

With the government's new hard-locking advisory, auto-populated liability fields from GSTR-1 can no longer be manually edited. Ensure your data is flawless before filing

To help you understand the business impact of the new GST changes, we’ve put together a quick video by our Indirect Tax Expert - CA Surbhi Punshi

Check out this comprehensive guide by Clear experts to learn more details

Understand various case scenarios during IMS implementation with this in-depth Opinion Note.

Navigate through the compliance complexities and incorporate IMS into your workflow with the help of this opinion note.

Talk to expert

Onboard our compliance platform with a “national infrastructure”
mindset, ensuring business continuity

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