FAQ

Faq

Frequently Asking Any Question

Fake Invoice Tracker (FIT) is a SaaS platform designed to detect and prevent invoice fraud. It uses AI-powered tools, real-time anomaly detection, and GST integration to help businesses stay compliant with tax regulations.
FIT identifies fraudulent invoices by analyzing discrepancies in tax filings, tracking e-way bills, and ensuring compliance with GST laws. It flags suspicious transactions in real time, reducing the risk of tax evasion and fraud.
FIT is beneficial for businesses of all sizes, including:
  • SMBs & Enterprises – To ensure compliance and prevent financial losses.
  • Government Bodies – To track fraudulent activities and improve tax collection.
  • Financial Institutions – To verify invoice authenticity before processing loans and credits.

Real-time fraud detection using AI and data analytics.

  • GST compliance monitoring for seamless tax validation.
  • E-way bill tracking to prevent misuse in transportation.
  • User-friendly interface for easy invoice management.
  • Regular updates to align with changing tax laws.

Yes, FIT is fully integrated with the GST network to validate invoices, detect fraudulent claims, and ensure businesses remain compliant with tax regulations.

FIT analyzes transaction patterns, checks discrepancies in tax filings, and verifies e-way/e-invoice bills to identify suspicious activities. It also provides automated reports and alerts to businesses.

Absolutely! FIT provides scalable solutions, making it ideal for small and medium-sized businesses (SMBs) that need affordable compliance tools.

Fake invoices lead to financial losses, increased scrutiny from tax authorities, and potential legal penalties. Honest businesses also suffer delays in GST refunds and face unnecessary compliance burdens.

FIT offers:

  • SaaS Subscriptions – Monthly or annual pricing plans.
  • Enterprise Licensing – Custom solutions for large businesses.
  • Consulting Services – Tax compliance and fraud prevention advisory.
  • API Monetization – Seamless integration with ERP and accounting software.

FIT aligns with the Digital India Campaign and GST regulations by promoting e-invoicing, ensuring transparency, and reducing fraudulent activities.

Yes, FIT ensures e-way bills are verified against GST data to prevent tax evasion and illegal transportation of goods.

Yes, FIT provides dedicated customer support through email and phone to assist businesses with compliance and fraud detection.