Parijat Parimal
Technology Product and Solutions
BDO Digital
We offer a range of tools and applications to help organisations automate their tax functions and enable data-driven decisions using analytics.
Our portfolio of services includes:
Automation Solutions - Automating Critical and Recurring Activities | |
There are several tasks in the tax function which are repetitive and don’t require much intelligence to perform. Automation has become increasingly relevant in tax, as it helps in reducing and in many cases eliminating the need for doing these repetitive tasks which are currently done manually. This helps tax professionals focus on more important tasks. Automation can be used for a variety of tasks, such as data collection, calculations, reporting and compliance. Accounts Payable Automation Accounts Payable (AP) - Aims to completely streamline and automate the entire Accounts Payable process in companies by managing timely payments, reducing manual data entry and errors, and accelerating the approval process through automation. It can help businesses reduce errors, save time and increase efficiency in their payment processing, invoicing and financial reporting while allowing accounts teams to focus on more strategic tasks.
|
Business Process Automation | |
Using various RPA technologies, we help companies automate various business processes and functions. A few of the automation applications include:
|
Tax Data Lake – Centralised Data Repository for Efficient Utilisation of Data | |
Our Tax Data Lake is a centralised data repository that stores all relevant source data in a denormalised format. This allows organisations and BDO India applications to get the most out of their available source data with various benefits like data analysis, reusability, data audit and many more. Our Tax Data Lake offers a flexible, cost-effective and scalable way to store and process data, enabling organisations to facilitate tax compliances, extract valuable insights and make data-driven decisions by sharing the data only once. The Tax Data Lake helps companies by providing:
|
Analytics | |
With the digitisation of tax processes and the implementation of GST in India, companies maintain and provide transactional level data digitally. To ensure maximum tax compliance and efficiency, this data must be analysed and visualised on time to make better data-driven decisions which affect the company’s financial results. Our Tax Analytics platform analyses large volumes of financial and tax data directly from the Tax Data Lake to identify patterns, trends and anomalies that can help organisations optimise their tax strategies, minimise risks and ensure timely compliance with tax regulations. The Tax Analytics platform can provide insights into tax planning, forecasting, compliance and risk management, helping businesses to make more informed decisions and reduce their tax liabilities. The Analytics tools provided by BDO India are:
How our Analytical tools can help businesses:
|
ERP Connectors - Extracting and Transforming Data from ERPs Securely & Seamlessly | |
In today’s digital world, it is imperative for companies to implement ERP systems to digitise their processes. These ERP systems are designed to leverage technology to manage their business functions. Our ERP connectors enable the integration of a company’s ERP systems with our applications, thus enabling the development of a more complete and efficient solution. Our ERP Connectors are a secure automated pipeline to transfer transaction-level data to our other applications for processing their data to fulfil tax compliances. Our smart ERP Connectors benefit companies through:
|
Parijat Parimal
Shashidhar Jayaraman
Bhavesh Ved
Connect with our professional team to discuss your needs using the form below