IOT & DDD Invoices Partnership

Last modified on 2024-08-03 in Case Studies

Background

IOT is a mini ERP solution tailored for accounting offices in Montenegro, offering comprehensive tools for managing accounting operations efficiently.

With the introduction of new fiscalization regulations in Montenegro, IOT needed to ensure that its users could generate and issue compliant invoices while maintaining seamless workflows.

To address these needs, IOT partnered with DDD Invoices, a provider of standardized fiscalization and invoicing solutions through an API-first approach.

Challenge

• Regulatory Compliance: Montenegro’s regulatory changes mandated fiscalization for invoices, requiring real-time reporting to tax authorities. IOT needed to provide this capability for its accounting office clients to remain compliant.
• Integration Needs: The solution had to be seamlessly integrated into IOT’s ERP without disrupting user workflows.

Solution

To address these challenges, IOT integrated DDD Invoices’ standardized API into its mini ERP platform, enabling accounting offices to seamlessly comply with Montenegro’s fiscalization requirements.

In addition to the technical integration, DDD Invoices provided personalized support on a monthly basis, including both in-person assistance in Montenegro and remote troubleshooting.

Result

Seamless integration of the API into IOT’s platform maintained the user experience, allowing clients to continue their workflows without disruption.

In addition to compliance and operational improvements, the scalable infrastructure provided by the standardized API prepared IOT for future growth, ensuring its readiness to handle increasing invoice volumes and evolving regulatory requirements.

Conclusion

By leveraging DDD Invoices’ API, IOT delivered a compliant and automated solution, ensuring its clients could navigate the complexities of Montenegro’s fiscalization requirements effortlessly.

For businesses looking to achieve similar results, DDD Invoices offers an API-first platform to meet fiscalization and invoicing needs.