About Data Converter
Many organizations still apply manual analytics techniques, which historically has been the only option for them. Indirect tax teams need to compile vast amounts of transaction data from multiple data sources and improve the quality of the information that goes into their reports and returns. Organizations need a simple, scalable solution that draws raw data from multiple sources and delivers clean data for indirect tax reporting with minimal human intervention.
Cygnet Digital’s Data Converter is an end-to-end data analytics platform designed with the significance and specifications of data validation, with a primary goal of providing clean and accurate data.
How will it benefit you?
Automate daily, weekly, or monthly data review and validation
Plug-and-play software with seamless data source integrations
Configurable validation templates for multiple data sets
Convert, merge & process data from multiple sources
Analytics and reporting to monitor trends and unusual patterns
Detailed audit trails monitoring the end-to-end process
Save time & effort in converting the huge volume of data into required formats
How does it work?
Data retrieval
Extract data from scanned invoices into machine-readable data to record purchases in business systems
Remodeling
Remodel data into structured information based on tax reporting requirements. Removing irrelevant data, not deleting them from the source but excluding them from the current analysis
Validation
Validate data via configurable templates to ensure data is accurate, complete, consistent, and uniform
Reporting
A powerful report wizard provides multiple reporting features with the ability to produce unlimited customized reports
Dashboard and audit trail
The dashboard provides complete visibility of the data gathering and validation process. Tracking all data conversions, usernames, date stamps, and much more