Know before the audit does.

Monthly vendor compliance monitoring for Indian mid-market CFOs.

Vendor GSTINs get cancelled mid-year. MSME vendors go unpaid past 45 days. Duplicate vendor records sit undetected between audits.

Each lapsed GSTIN is INR 2-5L in ITC exposure. Each MSME vendor outside the 45-day window is a 43B(h) disallowance. We run monthly checks on your full vendor base and deliver findings your CFO can act on the same day they arrive.

Fixed scope. No retainer commitment.

Built on IQInvoice deployments at

AO Smith Cyient Jubilant MotorWorks Paragon Footwear Kun Hyundai

The problem

Finance teams are not understaffed. They are under-automated.

70%

of finance team time spent on data collection and reconciliation - not analysis

42%

of enterprise AI pilots abandoned - almost never because the technology failed

6-18

months

the average time an internal automation initiative has been in progress before IQSS is called

Sources: Deloitte CFO Survey 2024, Abacum 2026 Finance Guide, IQSS diagnostic engagements.

A single MSME vendor paid beyond 45 days is a 43B(h) disallowance. Most companies find out when the auditor flags it - not before. The Diagnostic produces a specific, evidence-backed finding in 5 days.

How it works

Three stages. One compounding outcome.

01 5 days

Diagnostic

A structured 5-day assessment across your AP, vendor master, month-end close, cash flow, and reporting workflows. You receive a vendor master health score with top findings ranked by financial exposure.

  • Vendor Master Health Score (0-100)
  • Top 3-5 findings with root cause and evidence
  • Sprint recommendation with scope and cost estimate
  • CFO-ready findings presentation

The Diagnostic is the product - not a sales step. You get the roadmap regardless of what comes next.

02 8 weeks

Sprint 1 - Vendor Master Intelligence

A focused 8-week build that deploys a running monitoring system - not a one-time cleanup. Sprint 1 targets vendor master intelligence: the automation runs daily after handover, flags new violations, and tracks vendor risk continuously.

  • Duplicate vendor detection and GSTIN validation
  • Daily AP exception alerts
  • Monthly Finance Operations Intelligence Brief
  • Team training and full documentation

File upload model. No IT project, no ERP integration. The monitoring runs after we leave.

03 Ongoing

Intelligence Retainer

Operation of all deployed Sprint modules, plus a monthly Finance Operations Intelligence Brief - risk score movement, new flags, one recommended action. Each new Sprint expands coverage: Duplicate Payments, AP Exception Intelligence, AR Collections.

  • Monthly Finance Operations Intelligence Brief
  • Monitoring and operation of all active Sprint modules
  • Next Sprint scoping and delivery
  • Quarterly ROI review and direct access to a senior finance operations advisor

Automation compounds. Each Sprint reduces the manual workload the next Sprint inherits.

"An Excel macro tells you there are 3 vendors with the same GSTIN. We tell you which one is most likely to cause a duplicate payment this month, why it happened, and exactly what to automate to prevent it from happening again."
See how the Diagnostic works →

The Sprint Stack

Four engagements. Each one adds a module to your monitoring system.

The Diagnostic determines your starting point. For most clients, that is Sprint 1.

Available now Sprint 1

Vendor Master Intelligence

Duplicate vendors, cancelled GSTINs, missing TDS categories, and stale bank accounts accumulate over years. Most finance teams discover the damage during an audit.

  • Vendor master cleaned and validated against GST portal data
  • GSTIN, TDS category, and PAN compliance rules configured
  • Duplicate vendor detection - same PAN, same GSTIN, same bank account
  • Bank account change monitoring before the next payment run
  • Monthly Finance Operations Intelligence Brief - Vendor Master module
Register interest Sprint 2

Duplicate Payment Detection

At ‎₹25 Cr+ monthly AP spend, duplicate payments are a statistical certainty. Same vendor, same invoice amount, two payments - the money leaves before anyone notices.

  • Duplicate payment detection rules configured for your AP patterns
  • High-risk transaction flagging before payment run
  • Recovery tracking for confirmed duplicates
  • Monthly Brief - Duplicate Payment module added
Register interest Sprint 3

AP Exception Intelligence

Low first-pass match rates mean your AP team spends most of its time resolving exceptions manually. Payment cycles stretch, vendor relationships suffer.

  • AP exception classification - PO mismatch, quantity and price variance
  • First-pass match rate baseline and improvement tracking
  • Exception aging - where the bottleneck is and how long it takes to clear
  • Monthly Brief - AP Exception module added
Register interest Sprint 4

AR Collections Intelligence

Collections teams work from static ageing reports. By the time a receivable hits the 90-day bucket, the window for easy recovery has closed.

  • Receivables ageing with customer payment behaviour patterns
  • Early warning flags before payment delay happens
  • Collections prioritisation - which accounts to call first, in which order
  • Monthly Brief - AR Collections module added

Why IQSS

Three things no competitor combines

9 IQInvoice enterprise deployments

India compliance depth

GST reconciliation, GSTIN validation, TDS deduction, e-invoicing mandates, audit frameworks. Built through years of actual deployments at Indian mid-market companies - not retrofitted from a global template.

No US-based AI startup or Big 4 firm builds this depth quickly. It takes deployment experience. IQSS has it from day one through IQInvoice deployments across manufacturing, automotive, retail, and GCCs.

1/10th the cost of Big 4

Implementation accountability

Senior-led throughout. The person who scoped the Diagnostic is the same person who builds the automation and hands it over - trained, documented, and running.

Big 4 charges Rs.50-200L and takes 6-12 months. The work is done by analysts 3 levels below the partner you met. IQSS delivers the same output in 8 weeks, at one-tenth the cost.

8 wks to a running system

Monitoring-first delivery

Sprint 1 doesn't end at handover. The monitoring system runs after we leave - flagging new violations, tracking vendor risk scores, sending exception alerts. The retainer operates what we built, not a new project each time.

SaaS vendors sell subscriptions. Big 4 delivers reports. Generic agencies hand over workflows. IQSS delivers a running system - and stays to operate it. INR 4L-5L Sprint. 8 weeks. Single CFO decision.

How we compare

The honest comparison

Alternative
IQSS
Big 4 Deloitte, EY, KPMG, PwC

Rs.50-200L. 6-12 months. Junior team does the work. Senior partner shows up for kickoff.

Same finance expertise. One-tenth the cost. Eight weeks instead of eight months.

AI-first SaaS Vic.ai, AppZen, Glean

SaaS pricing needs procurement approval. No India compliance depth. Implementation left to the client.

They sell you a tool. We deliver a working automation.

ERP native AI SAP Joule, Oracle AI, Copilot for Finance

Requires your latest ERP version - most mid-market companies are 3-5 versions behind. Generic AI with no India compliance rules. 6-18 month rollout.

Your ERP is the infrastructure. We're the intelligence layer your ERP doesn't build.

Compliance SaaS ClearTax, AuthBridge

ClearTax handles GST filing. AuthBridge verifies vendors at onboarding. Neither monitors ongoing compliance after onboarding.

ClearTax files. AuthBridge onboards. We monitor - every vendor, every month, after they're in your system.

Generic automation n8n shops, Python freelancers

No finance domain knowledge. Cannot speak CFO language. No compliance logic built in.

They automate your process. We improve your controls.

"We'll do it ourselves" IT team is "looking at it"

Has been in progress for 6-18 months. No output. The Finance Controller will "get to it next quarter."

Ask how long that has been in progress. The Diagnostic produces a specific, actionable finding in 5 days.

FAQ

Common questions

What is IQSS?

IQSS is a Finance Operations Intelligence firm. We build and run the intelligence layer between your ERP and your finance team's decisions - starting with a 5-day Diagnostic. Most clients move to a Monitoring Retainer after the Diagnostic; the Sprint is the automation path for clients who want the intelligence layer built and running on their data.

Who is IQSS for?

CFOs and Finance Controllers at Indian mid-market companies with INR 100-2,000 Cr revenue. Companies running SAP, Oracle, Tally, or any mid-market ERP with 200+ active vendors and monthly AP spend above INR 25 Cr.

How is IQSS different from a consulting firm or a software subscription?

IQSS is not a one-time assessment and not a platform you run yourself. We build the intelligence system on your data and then operate it - delivering monthly findings your team can act on. The engagement starts with a fixed-price Diagnostic, not a proposal.

Get started

Start with the Diagnostic

A 5-day structured assessment of your finance operations. You receive a vendor master health score with top findings ranked by financial exposure - regardless of whether you proceed with a Sprint.

Duration 5 working days
Delivery Fully remote, fixed-scope engagement
Output Finance Operations Findings Report + Vendor Health Score