NRS boosts e-invoicing compliance with Pillarcraft accreditation

Pillarcraft Cloud Options has been accredited as a System Integrator for Nigeria’s new e-invoicing regime, a transfer that underscores the federal government’s tightening push for digital tax compliance and locations contemporary strain on firms to align their accounting methods with the Nigeria Income Service’s reporting platform.

The agency confirmed the approval in a press release issued on Tuesday, saying the accreditation was granted by the Nigeria Income Service, in collaboration with the Nationwide Info Expertise Improvement Company.

Below the NRS merchant-buyer e-invoicing framework, each bill issued by qualifying companies is anticipated to be transformed right into a prescribed digital format and transmitted to the nationwide platform by means of licensed suppliers.

This implies firms will both should construct or combine compliant know-how layers into their accounting and enterprise software program.

Pillarcraft defined that, “Within the NRS e-invoicing (Service provider Purchaser) framework launched by the Nigeria Income Service (previously FIRS), a System Integrator is a licensed service supplier chargeable for connecting taxpayers’ enterprise methods—corresponding to ERP, accounting, or invoicing software program—to the NRS e-invoicing platform.”

It added {that a} System Integrator, “ensures that invoices generated inside a taxpayer’s system are transformed into the prescribed NRS e-invoice format with all required knowledge fields, securely transmitted by means of licensed Entry Level Suppliers to the NRS platform, and returned as validated e-invoices to the taxpayer’s system for compliance, reporting, and audit functions.”

The corporate stated it had additionally constructed a devoted software program device to sit down between enterprise methods and the tax platform.

“To carry out this function effectively, Pillarcraft developed a devoted middleware that acts because the technical bridge between enterprise methods and NRS—very like a decoder converts broadcast indicators right into a format a tv can show—making certain seamless, correct, and scalable e-invoicing compliance,” it famous.

As a part of the announcement, Pillarcraft launched what it known as a compliance middleware product, UsawaConnect, designed to hyperlink accounting and ERP software program to the NRS platform with out changing current enterprise methods.

The corporate described the device as “a purpose-built B2B e-invoicing middleware designed to seamlessly join enterprise useful resource planning methods, accounting software program, and invoicing platforms to the NRS Service provider Purchaser Platform.”

It added that UsawaConnect “connects ERPs, accounting software program, and invoicing purposes to the NRS Service provider Purchaser Platform,” “validates and transmits bill knowledge consistent with e-invoicing necessities,” “maintains structured logs and audit trails to assist regulatory critiques,” and “allows companies to conform with out changing their current software program stack.”

Pillarcraft stated the accreditation “positions Pillarcraft amongst a choose group of corporations authorised to assist companies in implementing and integrating e-invoicing options that align with Nigeria’s nationwide digital tax infrastructure.”

The agency’s founder, Bayode Agbi, stated the rollout of e-invoicing needs to be seen as a wider shift in how companies are anticipated to function below Nigeria’s tax reforms. “E-invoicing is not only a know-how venture; it’s a tax and enterprise transformation,” he was quoted as saying within the assertion.

“Our accreditation as a System Integrator and the launch of UsawaConnect™ mirror years of sensible expertise working with Nigerian companies, tax authorities, and enterprise methods. We constructed UsawaConnect™ to make compliance seamless, dependable, and scalable,” he added.

The corporate stated it might now work with companies to assist them hook up with the platform, preserve audit-ready information, and handle reporting obligations throughout a number of methods and subsidiaries.

Primarily based on its accreditation, Pillarcraft acknowledged it might assist corporations “join securely to the NRS e-invoicing platform,” “obtain compliance with minimal disruption to operations,” “put together for audits with confidence,” and “scale e-invoicing throughout a number of methods and enterprise models.”

Nigeria’s tax digitisation agenda has gained momentum in recent times, with the redesign of the federal tax authority and the introduction of a sequence of recent compliance methods geared toward increasing the tax base and lowering evasion.

Nevertheless, the shift additionally means firms might incur further know-how integration prices and face operational changes as the brand new regime beds in.

Pillarcraft is a subsidiary of Agbi Bayode and Co., a agency of chartered accountants and tax practitioners, and stated its software program growth was knowledgeable by over 20 years {of professional} tax follow, together with prior work in cloud system integration.

The agency stated its platform is focused at small companies, massive corporates, accounting practices, and software program distributors, a lot of whom might want to align their bill methods to the NRS construction as enforcement strengthens.