ClearTax

We understand financial transactions, not just invoices.

Built for how BFSI actually works: millions of transactions across multiple systems, with different tax treatments.

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Retail and Consumers architecture

BFSI invoicing is more than just connecting your ERP.

Core banking

Where millions of fees originate.

Finacle Temenos Oracle FLEXCUBE Finastra BaNCS

Policy systems

Where premiums and claims live.

Guidewire Duck Creek Sapiens Fineos Oracle OIPA

Enterprise ERPs

Where group financials consolidate.

SAP S/4HANA SAP ECC Oracle EBS Oracle Financials MS Dynamics 365

From your core systems to one source of truth.

BANKING & LENDING

Core banking

Finacle · FLEXCUBE · BaNCS · Transact

Cards & payments

FIS · TSYS · Zeta · M2P · Pismo

Lending · LOS/LMS

FinOne · Pennant · Lentra

Treasury

Murex · Calypso · Finastra

Procurement / AP

Vendor invoices Reverse charge · payments

BILLING / TAX-DOC

Fee & Charge E-Invoice

Structured e-invoice per country. Tax on taxable bank fees.

Intercompany Billing

Inter-entity tax allocation. Cross-border service charges.

Middleware · feed as required

ERP · GL

ERP GL

SAP · Oracle · Dynamics 365

  • Output tax (bank fees & services)
  • Exempt (lending / interest)
  • Input tax recovery
  • Archival & validation per market
  • Tax reconciliation

THE CONSTANT NODE - EVERY TXN SETTLES HERE

cleartax

multi-mandate engine

RECEIVES

  • Output VAT / GST
  • Reverse charge
  • Input VAT • GL

Single source of tax truth

- Audit-proof - Reconciled - Archived

Live in different countries, with
different mandate.

GOVT-LINKED BANK · MALAYSIA

8 weeks

SFTP-based e-invoicing, BNM RMIT compliance, daily SIEM audit-log integration. 5 source systems. Live in 8 weeks.

Largest Vehicle Insurer · India

5M+ invoices at go-live

Handling 5M+ invoices at go-live, 6,000 vendors compliant from day one.

Leading Insurer · KSA

5,000+ cessions/month · self-billed

ZATCA Phase 2 via DB-tier integration off Oracle EBS, taxable brokerage extracted from multi-layer flows.

Insurance & Takaful · Malaysia

8 ERPs across 2 entities

Live in 8 weeks across 2 entities and 8 systems. Self-billed AP.

GOVT-LINKED BANK · MALAYSIA

Solving the complexity of global finance.

Clear merchant fees at settlement speed

Settlement files from your switch. Compliant invoices out in real time, fee categories intact per merchant.

Separate exempt income from taxable, at source

Interest and FX spreads carry the exempt category and each market's reason code. Fees carry the standard rate. Split at SKU level.

Invoice millions of micro-fees without breaking the gateway

ATM, SMS, swipe and transfer fees aggregate by customer and period. Line-level lineage survives inside every summary.

Tax the margin, not the sale price

Repossessed assets sell under the margin scheme. Tax computes on the margin; the gross price still prints on the invoice.

Keep the bank and the insurer legally distinct

Separate Peppol endpoints and isolated signing keys per entity, on one platform.

Validate every recipient before you send

Peppol IDs bulk-scanned against the national registry. Live status flows back to your CRM.

Highest levels of security and audit readiness.

Powering Global e-Invoicing Alongside Regulators

SOC 2 Type II

Annual audit compliance for data security

ISO 27001 / 22301

Information security & business continuity

GDPR

EU data protection & privacy compliance

SSL Transit

Encrypted data in transit with TLS 1.3

AES 256-bit

Military-grade encryption at rest

VAPT

Vulnerability assessment & penetration testing

Auth Tokens

Secure token-based authentication

Data Residency

Each region runs on dedicated, sovereign infrastructure. Your data never leaves your environment and is never used to train models.

Privacy

Regulatory-compliant data privacy. Role-based access control.