Zid Overview
Founded in 2017 with a vision to simplify the way online retail business works in the Middle East and North Africa (MENA); Zid Saudi Holding was founded to connect the dots and draw clear lines.
The online platform acts as an enabler for businesses by providing digital tools driven by advanced technology that empower merchants and business owners to enjoy a suite of tools that include versatile products and services capable of serving businesses of different sectors.
The online platform allows business users to build their e-stores to sell products or services they offer via one organized place in a user-friendly manner, backed up with a bundle of other solutions that include:
1- Integrated payment gateways and shipping.
2- Marketing tools and analytics.
3- Integration with third-party applications.
4- Access to various apps and developer tools.
5- Support community to assist and teach users about the platform.
ZATCA Invoice Integration
ZATCA integration is a mandate that any business in Saudi Arabia is fully aware of. However, many are still grappling with the “How” of it as integrating invoices with ZATCA happens differently according to the system in use or in this case the platform in use.
Businesses, especially soon to be mandated (according to ZATCA waves) , continue to grapple with achieving full compliance via the Zid platform as they have to ensure their E-invoices are in the correct format to meet Phase one and Phase Two requirements.
This presents a significant challenge, considering the platform’s extensive network of service providers and active online customers; who are only prone to grow bigger over time. In light of that, developing a method to ensure Zid’s business users can process their daily transactions and issue compliant invoices for Phase One and Phase Two of ZATCA was the core goal InvoiceQ had in mind.
ZATCA Compliance Made Easier for Zid Users
To ensure full ZATCA compliance for businesses operating on the Zid platform, InvoiceQ developed an application that can be installed from the Zid App Marketplace. Once installed, the app becomes accessible under the “My Apps” section within the merchant’s Zid account, allowing for a seamless integration experience without requiring external navigation.
Upon installation, users receive emails to set the password and their login information to access their InvoiceQ account and start working on the InvoiceQ portal. From there, all invoices issued through Zid e-store are automatically synchronized with InvoiceQ in real time.
For Zid Merchants
This enables merchants to manage ZATCA invoices directly within the Zid environment without manual intervention or leaving the platform. By acting as a direct integration layer between Zid and ZATCA’s servers, the InvoiceQ app ensures invoices meet real-time reporting requirements. Users can view their invoice data from the InvoiceQ portal, providing control over their e-invoicing activities while operating entirely within Zid.
Future-Proof Your Invoices
With ZATCA’s regulatory landscape evolving toward, this means more updates are going to be required with time. Such a solution becomes indispensable, as it not only ensures businesses remain effortlessly compliant with current ZATCA mandates but also future-proofs their operations for upcoming changes, allowing them to focus on their core activities without the burden of navigating complex and frequent regulatory adjustments.
Frictionless Integration, Full Control.
The power of InvoiceQ lies in its ability to simplify the complex. Through a single app embedded into Zid’s platform, businesses gain full visibility and control over their e-invoicing process without leaving the platform or doing double work.All invoice activity is synchronized in real time, with tools to monitor status, reprint documents, and ensure every transaction is cleared and compliant right from within their existing workflow.
Watch How it Happens
For a closer look at how the InvoiceQ app functions within the Zid platform, this short demo video walks through the key steps, from installation to invoice synchronization.
Start Today with InvoiceQ!
Stay ahead of ZATCA requirements with a seamless, built-in solution on Zid. Install the InvoiceQ app now and simplify your compliance journey. Contact us today to learn more.