SunTec’s cloud-based Indirect Tax Management on Xelerate platform is uniquely designed as a digital innovation middle layer. It can easily integrate with the bank’s existing technology landscape. It is an out-of-the-box solution designed to de-clutter core systems, extract the indirect taxation logic and ensure smooth journey towards indirect tax (GST and VAT) compliance. It comes equipped with pre-set rules and definitions that can be easily parameterized. SunTec’s Indirect Tax Management system on the cloud is a fully configurable framework that ensures the shortest turnaround to accommodate frequent regulatory changes.
Features of SunTec’s Tax Management
Highly Flexible Framework
Automated Data Generation
Correction and Refund Management
"Businesses need a centralized platform to manage tax segregation, accounting, invoicing and exemptions to achieve compliance."
With over 200 indirect tax features pre-packaged into a simple and effective product, Xelerate is uniquely designed as an out-of-the box solution for compliance management. It can easily be set up as a comprehensive taxation solution that can de-clutter core systems, bring out the indirect taxation logic and ensure a smooth journey towards regulatory compliance.
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