Vendor intelligence, purpose-built for Indian public procurement

IRIS has been associated with the Reserve Bank of India since 2008, when the RBI selected its XBRL-based reporting platform for regulatory filings by banks and NBFCs. In recognition of its contribution to the Indian financial ecosystem, IRIS was awarded India's Best Fintech (2022) by the Hon'ble Union Finance Minister.

IRIS is a Government-authorised GST Suvidha Provider (GSP) and Invoice Registration Portal (IRP) under the GST framework, enabling secure, authorised, consent-based access to GST-related data.

Building on this foundation, IRIS MSME is an initiative focused on supporting Micro, Small and Medium Enterprises through access to information, finance, markets and digital tools — with Memoranda of Understanding signed with the Governments of Telangana, Karnataka and Goa.

VeriSyte brings this expertise together into a single platform that helps PSUs and large enterprises maintain a verified, live vendor master, monitor GST and regulatory compliance in real time, verify invoices against GST filings, and fulfil MSME procurement mandates with full auditability.