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The Kingdom of Saudi Arabia's (KSA) e-invoicing mandate, effective from December 4, 2021, revolutionizes financial management for banks and financial institutions. This pivotal shift towards digital transformation mandates the adoption of e-invoicing software and solutions across the business spectrum. It promises enhanced payments efficiency, security, and regulatory compliance. By automating invoice processing, these solutions mitigate errors, combat fraudulent invoicing, and prevent VAT evasion, fostering a transparent, efficient trade environment. The implementation of e-invoicing softwar
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SunTec’s Enterprise Product Management, hosted on the cutting-edge SunTec Xelerate platform, revolutionizes banking product management solutions by centralizing all products and services into a single, accessible master catalog. Designed for sectors like financial services, telecom, travel, and insurance, it ensures a unified source of truth for seamless product and service management. This platform empowers financial institutions to craft personalized products by integrating both internal and external partner offerings, thereby enhancing customer choice and preventing misaligned selling stra