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EY and Automation Anywhere to bring RPA-based tax automation solutions

The RPA solutions are aimed to automate high volume tax compliance processes across various industry sectors.  Amongst others, the bot matches that the GST paid on procurements with tax amounts reported in the GST returns of the supplier. It also undertakes follow up actions such as sending regular reminders and flagging negligent vendors in the ERP in order to avoid credit losses.

 

Source: indiatimes.com

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