Co-Ideate
Cygnet.One identified Arvind’s challenges—traditional accounting errors, difficulties with indirect tax management, and restricted retrieval of line-level data. Through a consultative approach, we assessed the feasibility of a data warehouse and an automated tax compliance solution.
Co-Create
We implemented a data warehouse to collect and consolidate data from multiple legacy systems. Additionally, we developed an automated Indirect Tax Return & Compliance Solution, ensuring seamless data cleansing, validation, and reconciliation as per GSTN & VAT laws.
Co-Innovate
Our 400+ error-checking mechanism scanned millions of records, extracting both summary and line-item transaction-level data. This out-of-the-box approach ensured accurate tax compliance and analytics, reducing 4 to 8 man-months of effort.
Co-Evolve
By automating VAT returns, audit files, and input tax apportionment, we ensured flawless and perpetual compliance for Arvind. Our solution empowered them with scalable, future-ready analytics, helping them transition into a fully digital enterprise while complying with evolving tax regulations.
