About Indirect tax compliance in the EU
Increasing VAT challenges require a scalable solution for businesses of all sizes and entities across Europe and the UK. It becomes difficult for in-house teams to manage multiple filing requirements with legacy systems and slow business processes.
Cygnet Digital helps such businesses automate the tax data extraction, validation, and easy preparation, to submit their VAT returns and reclaims.
Our Solutions Suite
VAT returns Europe & UK
Tax data collation and data validations along with preparation, verification, and submissions of VAT returns in specific formats required by the tax authorities.
Amazon VAT
Easy & quick generation of VAT reclaims across Europe.
Data Converter
An intelligent automated solution for the preparation of VAT returns with accurate data.
Purchase Automation & streamlining accounts payable
Automation of posting inward purchase entries to claim maximum VAT reclaims and ensuring adequate working capital. Improved cash flow and timely vendor payments with streamlined accounts payable.
GL reconciliation
Automation of general ledger reconciliation enabling reconciliation of transactions for an efficient & simplified audit process.
Why choose our Indirect Tax compliance solution?
Robust Solution
Cygnet Indirect Tax Compliance platform is flexible, implemented with 400+ clients and can work for multiple industry domains
Security
Solution is certified for application security and tested for vulnerability
Scalable architecture
10k transactions per second load handling capacity
Customer support
Premium customer support with a dedicated account manager
Discover Cygnet Tax Transformation Architect
Cygnet Digital’s architect manages tax compliance of businesses with the building block structure & optimizes business processes by unlocking digital transformation through advanced data cleansing and custom system integrations & build operational efficiency.
How can the Cygnet Tax Transformation Architect help?
- Evaluates tax and business processes and various data sources
- Recommends accurate integration workflows
- Automates data extraction for single source of truth
- Offers the right platform with comprehensive features
- Shares insightful reporting for apt decision making
- Automate tax filing, reporting, & audits
A global indirect tax solution to help you meet compliance requirements
Here is how we do it with our Building Block Structure!
Cygnet Digital architecture consists of a building block structure that can be customized as per the business needs transforming businesses digitally with custom-built automated solutions, system integrations, advanced data extraction & conversion engines and more to keep businesses compliant.
Tech-powered tax operations support businesses’ tax teams by analyzing data extracted from the source systems or ERP Systems. It helps them generate a single source of truth. Furthermore, the architect introduces high-performance servers with improved uptime to collate financial data via data warehouse, data lake, or application databases. The Cygnet Tax Transformation architecture will support businesses in Tax Return Scores, Invoice Verification, and Automation for efficient business processes. Here is your chance to create your architecture by selecting the best-suited system, processes, and requirements, the way you choose toppings for your pizza!