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ARTICLE · 10 JULY 2024

Account Payable And GST Process Support

Nexdigm USA
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Standardization of process through designing of standard operating procedures and customized checklist for each activity to ensure complete review of transactions

United StatesFinance and Banking
Nexdigm USA
Nexdigm USA
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Context

Our client is operating in India since 1964, has a well- established track record in the local financial markets. Incorporated in the US, the bank offers a comprehensive suite of financial products including lending, working capital, treasury and trade services, foreign exchange, and interest rates to leading Indian corporates, financial institutions, multinationals, and foreign government entities.

Our client wanted to seek professional assistance in handling Account Payable (AP) process and stay compliant with the GST - Input Tax Credit (ITC) regulations defined by the revenue authorities.

Case Highlights

  • Processing of AP transactions with highest level of accuracy i.e., 99.7%

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