GST Returns Automation for a Retail Giant
The challenge of GST compliance for a large enterprise is of a different scale.
Do you think it is an easy task to reconcile the vendor invoices with purchase records every month, if you have over 30,000 vendors? Manually, impossible. But with automation, possible.
Cygnet GSP has built a solution that automates the end to end process from tax data extraction from multiple systems and validating it to preparing it for returns and filing the returns. Some of the largest brands in the country across various industries are depending on the Cygnet solution for their GST returns.
Here is one such example of a large retail brand which was running SAP and faced challenges at multiple levels. By automating the process, we brought a smile on the faces of their tax team. Read the full story in this case study.