IRIS Peridot is an easier way to search any business, by its name, PAN or GSTIN. With IRIS Peridot, one can view the status of the GST returns filed by any business by easily scanning the GSTIN or putting Name or PAN. Not only this, but using the app, one can even see their own data filed in GSTR 3B & 1 and view vendor data as per GSTR 2A vis-a-vis 2B. The app matches the ITC as per GSTR 2A and 2B and gives a trend for the last 6 months. Not only this, users can even create a watchlist of their frequently searched vendors. The app also offers verification of E-invoice QR codes and scanning of E-way Bills.
The taxpayer is often worried about the timely filing by vendors which affects their ITC payment. The app helps categorize follow-ups required with the vendors in advance. With the app, taxpayers can monitor their vendors’ filing status and start the reconciliation at an earlier date than waiting to get confirmations from their vendors. It also enables you to discover the invoices that are not qualified for ITC.
IRIS Peridot’s advantage is that it gives the entire business information like place of business, filing frequency, registration type, filing history etc on a single platform and hence helps in informed decision making. The app helps you track your business as it gives you a consolidated view of your sales and purchase trends for the past six months. It also gives ITC summary as per 2A, eligibility and availability as per 2B. With this feature, you can have an overview of your ITC Claim and plan your cash flows beforehand.
IRIS Peridot is secure and confidential and nothing happens without your explicit consent. You will never be asked for your GST portal passwords nor any passwords will be saved in the app. It fetches your GST data from the GST system portal after taking your consent based on OTPs. Your data is visible only to you.
IRIS Peridot 5 provides enhanced navigation and a superior user experience. The user interface is easy and handy to use.
IRIS Peridot features:
- Compliance summary
- Analysis of ITC based on GSTR 2A and 2B
- Easy navigation to compliance summary, watchlist, filing reports etc.
- Actionable insights
- E-invoices verification
- Vendor and customer monitoring
- Voice Search
Requires Android 5.0 and up
Pricing and Availability:
The app is currently available for Free at Google Play Store in the Business category.
IRIS Business Services Limited is an Indian Reg-tech (Regulatory Technology) company listed on both BSE and NSE Limited. IRIS offers compliance and analytics solutions globally in about 26 countries across 5 continents. The firm is uniquely positioned with offerings across the spectrum of creation, management, and use of structured data for business and financial reporting.
IRIS is headquartered in Mumbai, India, and has subsidiaries in the USA, Singapore, and Italy. The Company has over twenty years of proven expertise in the financial information management space with clients on both sides of regulatory compliance – regulators and filers.
An authorised GSP since 2017, IRIS provides multiple GST Solutions through its business unit, IRISGST. IRISGST team brings extensive global experience and a unique regtech perspective that can help clients easily transition to the complex GST regimen.