Taxreco

Reconciliation as an activity consumes more than 50% of time and analysis of reconciliation output is a critical activity, which needs more attention. Approx 20% of time is only left for analysis and corrective actions. Manual activity is a person dependent process and explanation becomes difficult once a person leaves the job. This impacts 1.) Productivity at the organization level as manual process takes lot of time, management doesn't get real time visibility into process 2.) Auditability as it becomes difficult to explain the reconciliation workings for previous years in case of a tax scrutiny 3.) Working Capital as analysis and corrective action can help in better tax planning We aim to automate activities which are repetitive & non productive. Reconciliation as an activity is critical but the outcome of Reconciliation matters for tax team and management. TaxReco is a 'DO IT YOURSELF' tax reconciliation platform which can automate different types of reconciliations like TDS, TCS, 34A reconciliation. Organizations can reconcile millions of transactions in few minutes, spend more time on analysis and corrective actions. TaxReco allows organizations to collaborate among teams to eliminate repetitive processes. TaxReco can help organizations to 1.) Improve productivity by 40% 2.) Close tax audits faster 3.) Support with workings in case of tax scrutiny's For more details, please call or write to info@taxreco.com