Silicon Valley, CA. USA: The world’s first blockchain-powered invoice management and financing system InvoiceMate signed an MoU with Khyber Pakhtunkhwa Information Technology Board (KPITB). The MoU was signed on the eve of the Pakistan Tech Summit 2022 held on the 23rd of April, 20022 at The Computer History Museum, Silicon Valley CA, USA. InvoiceMate in collaboration with Ejad Labs will provide a blockchain-based invoice management and financing solution to KPITB to improve the cash flow efficiency of KPK Government’s vendors, thus ensuring better financial health for local businesses with the help of Shariah Compliant Invoice Financing. The MoU was signed by Muhammad Salman Anjum, Chief Mate at InvoiceMate, and Dr. Sahibzada Ali Mahmud, Managing Director Khyber Pakhtunkhwa Information Technology Board. Mr. Arzish Azam represented the Ejad Labs.
InvoiceMate is the next-gen Invoice Management System powered by Blockchain & AI technologies. Trust and efficiency are extended at each point of invoice processing, from invoice creation, approval, and payment, to financing.
Khyber Pakhtunkhwa Information Technology Board is a public sector autonomous organization established under an Act of the Khyber Pakhtunkhwa Assembly in May 2011 for the promotion of Information Technology, Information Technology enabled services and Information Technology enabled education for the public and private sectors of the Province of the Khyber Pakhtunkhwa.
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