Customer Profile

Industry: Chain

Company Name: ANTA Sports Products Limited (ANTA Sports for short, stock code: 02020)

Company Introduction: ANTA Sports Products Limited , founded in 1991, has become the world's second largest sports brand covering many well-known sub brands, such as ANTA, FILA and SPRANDI. In 2007, ANTA Sports was successfully listed in Hong Kong, and its market value exceeded HK $100 billion in 2017.

Baiwang Products Application: ANTA Sports uses our VAT output invoice integrated solution to restructure its own tax system, multiple sets of new retail systems and e-commerce center systems in a unified and standardized way, realizing the invoice output function in multiple scenarios and improving the invoicing efficiency. Through the unified management of paper invoices and e-invoices and the whole process output invoices management, the tax sharing center model has been established and improved. The refined data management has reduced the tax risk.

Customer Pain Points

Numerous Invoices Output Systems and Highly Differentiated Customer Experience

ANTA Sports has established different invoices output systems in cooperation with different platforms for a long time because of its huge sales channels. There are great differences in customer experience.

Different Invoices Output Systems Make it Difficult to Integrate Invoice Management.

In the process of digital transformation, ANTA Sports' sales cover a variety of online and offline channels, new retail, multi-party e-commerce platforms and other factors, resulting in different Invoicing systems, resulting in confusion of information after invoicing. The group is unable to conduct centralized management of invoice data.

Data Fragmentation Makes it Difficulty to Supervise Tax Risks

Under the decentralized management mode of invoices output business, ANTA Sports is unable to establish a platform for centralized tax management, and the business, finance and invoice data are isolated from each other. There are taxation and invoice management risks, and ANTA Sports is unable to deal with the regulatory problems brought about by the national tax system reform.

Solutions

Our integrated solution for output invoice helps ANTA Sports build a system for the tax system, multiple sets of new retail systems and e-commerce center systems. It has established a set of paper invoices and e-invoices integrated solution system for ANTA Sports, realizing multi-scenario invoicing function, optimizing the existing invoicing business and operation experience, improving invoicing efficiency and user experience.

Integrated Paper Invoices and E-Invoices Management

The functions of batch invoicing and one-click tax copy, have further improved work efficiency. At the same time, with the real-time uploading of invoice data and the unified management of paper invoices and e-invoices, the group has established the ability to monitor and manage the invoice data of each outlet in real time.

Unified Management of Business, Finance and Invoice Data

By opening up the business, finance and invoice data system, the group can achieve a refined tax management mode through a platform based management mode. Various invoices and different data from taxation, business and finance have established a multiple information reference mechanism to enable ANTA Sports to conduct tax monitoring from more perspectives.

Fast and Flexible Digitized Taxation Platform

The multi-dimensional tax data and intelligent analysis means help ANTA Sports avoid the risks of repeated invoicing, false VAT invoices and wrong invoicing; The digitized tax platform is more conducive to help ANTA Sports quickly response to policy changes and cope with the modern digital tax supervision of tax authorities.

Value Highlights

Unified System Standard, One-Click Invoicing

We assist ANTA Sports to establish a standard and unified invoicing system for the group, which solved the problems of complex systems and complex operations.

Unified Data Standards and Tax Platform Management 

ANTA Sports' multiple business systems have realized the unified data standardization, laying the foundation for ANTA Sports to establish the centralized invoices life cycle management, so as to further establish and improve the tax management sharing center and support the group's overall planning ability.

Establish a Risk Warning Mechanism to Stifle Potential Tax Risks. 

By sorting out the finance system and multiple business systems, we have broken through the data barriers of the business, finance and taxation system, established tax verification standards for multi-dimensional data, and taxation monitoring capabilities from multi angles. Baiwang assists ANTA Sports to establish an tax risks warning capability.

Customer Testimony

Our integrated output invoice solution helps ANTA Sports establish a standard and unified invoicing system. ANTA Sports has realized the efficient management of invoice circulation and processing through the entire invoice process management; By system connection and data fusion, ANTA Sports has further improved its ability to avoid tax risks.