Case Study
How Cygnature’s invoice generation and digital signing utility slashed a leading bank’s turnaround time from 3 days to 30 minutes
How Cygnature’s invoice generation and digital signing utility slashed a leading bank’s turnaround time from 3 days to 30 minutes
A leading Indian private sector bank that sells a wide range of financial services to large and mid-sized companies, small and medium-sized enterprises, and retail businesses. Challenges • The client processes 70-75k B2B transactions on a daily basis. According to the GST regulation, the invoice submitted to the customer must be GST compliant and digitally signed. Although the client’s system could gather transactions daily, creating invoices and sending them to customers was time-consuming. • Sending a single invoice by consolidating all the monthly transaction.