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Enterprise Indirect Taxation Management

Build enterprise capability for seamlessly managing indirect taxation requirements including e-invoicing, VAT, and GST. SunTec Enterprise Indirect Taxation Management can help you ensure compliance in a complex indirect taxation landscape, increase customer trust and transparency through accurate billing, and prevent revenue leakage.
Suntec xelerate

SunTec Indirect Taxation Management is designed to be a robust middle layer that can power your indirect taxation compliance efforts. It can seamlessly integrate with your existing technology landscape to provide a unified framework for managing e-invoicing, GST, and VAT processes.

Why SunTec Xelerate?

SunTec Xelerate is an out-of-the-box product that helps de-clutter core systems and extract the indirect taxation logic. It comes equipped with pre-set rules and definitions that can be easily parameterized. It allows you to quickly adapt to evolving regulatory changes, ensuring foolproof compliance. Whether you’re navigating complex GST laws, managing VAT across multiple regions, or ensuring the secure exchange of e-invoices, SunTec Xelerate offers a scalable, adaptable solution.

Modules of SunTec Indirect Taxation Management

e-Invoicing

Generate e-invoices in specified formats, exchange, and store them efficiently to comply with local e-invoicing mandates. SunTec e-Invoicing is designed to be interoperable and supports multiple e-invoicing models such as Peppol BIS, PINT, EN 16931, and UN/CEFACT Cross Industry Invoice (CII) as well as country-specific formats like FATOORA. It leverages secure communication protocols like AS4 for encrypted transmission and seamlessly integrates with existing ERP and accounting systems using APIs.

Simplify regulatory compliance, reduce administrative costs, and enhance your invoicing accuracy.

VAT

Manage VAT obligations easily across regions with SunTec VAT. Our product comes with over 200 pre-configured VAT features customized for different countries for faster deployment. Centralize VAT related data for better accuracy and simplified audit management and quickly adapt to changing VAT rules for error-free compliance. Simplify VAT reporting and filing with automated processes.

Reduce the risk of tax fraud and ensure smooth operations across borders.

GST

Ensure compliance with GST laws with SunTec GST. Our product seamlessly integrates with existing enterprise systems to help you automatically determine applicable GST rates, transaction types, product categories, and geographic locations. Easily reconcile input and output taxes, improve accuracy, minimize errors, and meet audit requirements with detailed records of GST transactions.

Manage the complexities of GST regulations and optimize tax efficiencies.

Suntec xelerate

"Businesses need a centralized platform and a robust tax compliance software to manage their enterprise tax segregation, accounting, invoicing and exemptions.”

  • An out-of-the-box compliance management product: Compliance management made easy with over 200 pre-packaged indirect tax features.
  • De-clutter core systems: Count on a comprehensive product that seamlessly integrates with core systems to ensure a smooth regulatory compliance journey across e-invoicing, VAT, and GST requirements.

Benefits of SunTec Indirect Tax Management

Centralized Compliance: Simplifies GST, VAT, and e-invoicing by unifying tax rules across systems.

Regulatory Agility: Easily adapts to evolving tax regulations with a customizable and maintainable framework.

High Performance: Scalable, real-time processing built to handle large transaction volumes.

Automation & Accuracy: Minimizes errors with automated tax calculation, reporting, and reconciliation.

Risk Mitigation: Provides traceability and rule-based controls for enhanced compliance and risk mitigation.

Comprehensive Tax Management: Manages input/output tax, returns, e-invoicing, corrections, and refunds end-to-end.

Streamlined Correction & Refunds: Streamlines GST/VAT corrections and refunds for greater accuracy and efficiency.

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