🇮🇳India

2 verified sources

Definition

Post-event invoice generation feeds into monthly GSTR-1/3B; delays in accurate billing extend payment cycles.

Key Findings

  • Financial Impact: 30-60 days delayed payment; 1-2% interest cost on ₹1,00,000 invoice
  • Frequency: Monthly per client
  • Root Cause: Manual data entry from event logs to GST returns

Why This Matters

The Pitch: Caterers lose 30-60 days cash flow per event due to slow GST return filing. Automated billing integrates with GSTR filing.

Affected Stakeholders

Accounts Receivable, Finance Manager

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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