SNI provides a comprehensive end-to-end solution to help businesses comply with the electronic invoicing regulations mandated by the tax authority in Latvia. This solution handles the extraction of data from clients’ ERP systems, maps and processes the data, and ensures seamless communication with the tax authority through the relevant government platform. With SNI’s solution, users can effortlessly generate electronic invoices and access them in both XML and user-friendly HTML/PDF formats through an intuitive cockpit interface. The system retrieves financial data directly from the taxpayer’s accounting system and converts it into the required electronic format, ready for transmission via the PEPPOL Network using certified access point providers.

Features

• Structured XML Format: Invoices must comply with the Latvian national standard and the PEPPOL BIS Billing 3.0 specification, aligned with EN 16931-1:2017.
• End-to-End SAP Integration: SNI’s solution extracts data from ERP systems, processes it, and submits it to the SRS via certified channels.
• Dual Format Output: Invoices are generated in both machine-readable XML and human-readable HTML/PDF formats.
• PEPPOL Network Support: Enables transmission through certified PEPPOL access point providers.
• Inbound Cockpit: Centralized interface for managing incoming invoices, with full visibility and dual-format display.
• Invoice Reconciliation: Automatically matches incoming invoices with purchase orders, delivery notes, or internal records.
• ERP Compatibility:
  • SAP ECC 4.7 and above
  • SAP R/3
  • SAP S/4HANA
  • SAP Business Technology Platform (BTP)
  • ERP-independent integration with any system
• No System Upgrades Required: Seamless integration without the need for ERP version updates.

Benefits

• Regulatory Compliance: Fully aligns with Latvia’s phased e-invoicing mandates and European standards.
• Operational Efficiency: Automates invoice generation, submission, and validation, reducing manual workload.
• Improved Accuracy: Real-time validation and reconciliation minimize errors and ensure data integrity.
• Enhanced Visibility: Centralized cockpit provides full control over invoice workflows and status tracking.
• Cost Savings: Eliminates paper-based processes and manual data entry.
• Scalable & Flexible: Suitable for businesses of all sizes and adaptable to various ERP environments.
• Future-Proof: Designed to accommodate future regulatory changes and additional formats.