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Invoice Tracking
Managing and tracking your debtors and Tax Deductions at Source
PwC’s Invoice Tracking platform gives our leaders a holistic view of all debtors pertinent to them
This consolidated view allows for easy tracking and follow up of invoices. Management can follow up on invoice payment on expected dates by clients, while tracking overdue invoices.
This platform promotes accountability within the firm, ensuring invoices are paid in a timely manner. Along with the debtor invoicing which is managed and tracked on the platform, the system also allows Management to keep an eye on collateral amounts off the invoices such as, Tax Deduction at Source (TDS), Banking charges, Withholding Tax, Exchange Rate, among others.
TDS amounts on invoices can be approved by clients via the system itself, along with generation / upload of TDS certificates as required. This whole end-to-end process allows Management to have an integrated overview of where all debtors’ stand and what are the collateral amounts being tagged onto the invoices.
Benefits
- Provides management a holistic view of debtor invoices.
- Provides a tracking facility of the invoices sent and Tax Deductions at Source amount.
- Ensures accountability and visibility of all invoices.
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