SAP, one of the leading enterprise software companies in the world, which helps businesses of all sizes, in all industries run better is now playing a key role in the transition and enablement to the new taxation regime. With its new offerings alias solutions, Indian enterprises can now embrace Goods and Service Tax (GST) reform with minimal disruption to their businesses.
SAP India confirmed its assurance to its customers and partners with regard to GST reform at the SAP GST India Forum in Delhi. At the forum, SAP brought its plan to address GST legislation and showcased solutions that will equip Indian enterprises to provide greater transparency and effective management practices to support their tax compliance requirements, the press release states.
The giant will offer an array of localized solutions that has the Indian tax functionalities incorporated within the business process to aid companies’ transition to GST.
The localized SAP GST solutions are designed to provide organizations with transformational opportunity by
- Giving common infrastructure and services like document and file management as per Central and State Government rules
- Building resourceful and appropriate interfaces with tax payers and tax administrators by leveraging SAP’s global experience
- Assisting, executing and setting standards for providing common GST solution for corporates
- Enriching and allowing the SAP ecosystem in India to manage the transition effectively