CIRS has become a data center.
After intensive analysis carried out during 2015, the second
stage of the project (software design and commissioning)
was turned over to the Credit Bureau of Turkey. In this phase,
which became operational in 2016, information about payment
instruments such as checks, notes, and bills as well as their
collection was also fed into the system. With these additions,
CIRS became a data center which allows invoicees’ payment
performance to be monitored and whose importance to the
country is second only to that of the Banks Association of
Turkey’s Risk Center.
The Department of Revenue Administration’s e‑invoices
have been integrated into CIRS.
Under an agreement between AFI and the Department of
Revenue Administration personal identification-number, tax-
registration number, e‑invoicing obligations, and e‑invoice
verification functions were also linked into CIRS. These
additions have made CIRS an innovative system that provides
2.6 million
documents
In 2016, 2.6 million instances of electronic documents were checked through the Revenue Administration
integration.
Document
Type
Units Average Amount
of Document
Share
(%)
E‑archive
239,559
7,724
4
E‑invoice
2,362,353
29,402
41
Hard copy
3,183,378
20,749
55
General Total
5,785,290
23,743
100
the means for the integrated querying, monitoring, and
reporting of all of the information contained within it.
When CIRS first became operational, e‑invoices accounted for
only about 20% or so of the total number of issuances; by the
end of 2016, that had more than doubled to 49% on a monthly
basis. Last year, a total of 5.8 commercial invoices issued by 148
thousand vendors to 355 thousand buyers in 81 provinces were
checked against CIRS. The 2.6 million instances of electronic
documents among that number were checked through the
system’s Revenue Administration links and 868 thousand emails
were sent out to inform CIRS user companies about the results.
Ratios of E‑invoices and Hard Copies
01/2015
01/2016
02/2015
02/2016
03/2015
03/2016
04/2015
04/2016
05/2015
05/2016
06/2015
06/2016
07/2015
07/2016
08/2015
08/2016
09/2015
09/2016
10/2015
10/2016
11/2015
11/2016
12/2015
12/2016
E‑invoice Hard copy Linear (E‑invoice) Linear (Hard copy)
80
70
60
50
40
30
20
10
0
77
77
58 58
54 54
54
54 51 51
55 55 57 57
69
71 72 72
65
65
66
60
64
67
23
23
42 42
46 46
46
46
49 49
45 45 43 43
31
29 28 28
35
35
34
40
36
33
The Association of Financial Institutions
Annual Report 2016
43