Summary
A leading private sector bank in India sought to modernize its GST compliance framework by replacing an existing well known legacy system with a more agile, analytics-driven, and automation-ready solution.
The bank’s existing setup, though functional, struggled to keep pace with evolving GST requirements. It began showing cracks under the weight of changing compliance mandates and expanding data volumes.
Cygnet.One implemented its Data Conversion tool (DCT) platform to replace and enhance the bank’s GST management processes, without disrupting existing data structures.
The transformation?
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reduction in manual reconciliation effort
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faster GSTR-1 filing cycle
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reduction in invoice mismatches
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