Cygnet TRACE

plug-free-img.png

Tax Reporting Automation & Compliance with Ease

TRACE is Cygnet’s sophisticated implementation process that tailors a solution for automating the end to end record to report workflow. TRACE builds a bridge between the source systems such as ERP / accounting systems which house the tax data on the one hand and on the other hand, the government tax portal which demands the tax returns to be filed in a particular format. 

We Love Lego Blocks

Connecting the source systems to the government tax portal through the process of data extraction, validation, reconciliation and filing returns requires an architecture that is modular and flexible. Cygnet TRACE uses a number of building blocks which it assembles in the right configuration to meet the unique scenario at a client’s place. We love to call the components the Lego Building Blocks of our solution architecture

4

Data Extraction Connectors

We have built connectors to extract data from ERP systems such as SAP and Oracle and Banking systems such as Finacle

9

Data Lake

Structured and unstructured data is collected in a data lake for further processing. We use various ETL processes to achieve this

17

SAP PI/PO

When required, we use the SAP PI/PO process to integrate with the SAP source system and extract tax data

21

Data Mapper

We use a data mapper program to map source data fields to fields of our solution to prepare for data transfer

10

Data Massager

This program converts data from different source formats into a standard destination format compliant with GST 

13

Invoicing Utility

This utility helps users to create invoices which are not created in the source systems but are required by GST

cygature2

Digital Signing

With an integrated digital signing solution, users can sign all invoices they create with their digital signature in bulk

47

Accounting & Invoice Mgmt

This solution synchronizes the new invoices created by the system back by passing journal entries to the source accounting system

11

Data Sync Utility

This utility transfers all invoices data collected from source systems into the ASP solution for preparation for filing

12

Error Reporting

The Data Sync Utility filters our invoices with errors and places them in a OUT folder for further corrections. 

2

ASP Solution

Once data is in the ASP solution, it undergoes the routine validations and reconciliations that precede the filing process

3

E-way Bill

Cygnet TRACE works in the same manner with E-way Bills by extracting invoice data from source systems

ETL

It elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

  • Lorem ipsum dolor sit amet
  • Aliquam suscipit felis a arcu
  • Luctus nec ullamcorper mattis
  • Mel tempor consulatu voluptaria

DM

It elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

  • Lorem ipsum dolor sit amet
  • Aliquam suscipit felis a arcu
  • Luctus nec ullamcorper mattis
  • Mel tempor consulatu voluptaria

DSU

It elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

  • Lorem ipsum dolor sit amet
  • Aliquam suscipit felis a arcu
  • Luctus nec ullamcorper mattis
  • Mel tempor consulatu voluptaria

Let's Talk Today

...

Cygnet Infotech Pvt. Ltd.

Locations:

16-Swastik Society, Nr. AMCO Bank, Stadium Circle, Navrangpura, Ahmedabad 380009, Gujarat, India

Kanakia Wall Street,
Spaces - 4123, 4th Floor, A Wing,
Chakala, Andheri – Kurla Road,
Andheri (East) Mumbai 400093

Email :

Phone :

Follow us to stay in touch and get latest updates on our product features, new releases, events and much more...