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Digitize the lending journey


Enable Account Aggregator (AA) solutions leveraging the power of aggregated data

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Cygnet Digital: Leading the Digital Evolution

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About Client

An oil and gas giant with capabilities of exploration & production and other oil retail services. Also, they are one of the global investors controlling assets across oil, gas, metal, mining, and infrastructure services.

Business Challenges

  • Struggled to determine:
    • which tax (CGST/SGST/IGST) and how much tax were applicable on goods for import & export?
    • tax based on Point of Supply (POS) mapping
    • certain businesses that are exempted under GST law
  • Faced issues of duplication of invoices
  • Identified risks related to the unavailability of the mandatory data as per GSTN format

Our Solution

  • Implemented a tailored GST compliant SAP-integrated solution
  • Enabled multiple access via cygnet portal, mobile app, enriched and pass-through APIs and on-premises module
  • Enabled faster processing and distribution of invoices
  • Simplified accurate reconciliation of GSTR-2A and purchase register
  • Facilitated secured validation process while importing data & filing
  • Created dashboards for better insights on pending returns, current month filing progress & more

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