Udyog Software (India) Ltd. , a part of Adaequare Group and a leading provider for end-to-end Goods and Services Tax (GST) compliance software in India for has recently announced successful filing of 4 million invoices for a large Gurugram-based FMCG company having operations across 33 states and UTs in India.
Udyog Software created an accurate GSTR1 returns for the company which involved processing, transformation, and validation of the company’s 4 million invoices by using its innovative platform enComply.
Udyog Software used its another platformTaxilla to segregateand tag records for submission of GSTR-1 and execute tests on each record to ensure compliance before uploading into the Goods and Services Tax Network (GSTN).
Pavan Peechara, CEO of Adaequare group and Director of Udyog Software Limited said on first GSTR1 submission which was due on 10th September 2017
Udyog Software works with many companies across automotive, finance and banking, public sector units, manufacturing to deliver its services as application service provider (ASP) for the newly implemented tax regime in the country. Over the past 24 years, Udyog Software’s pragmatic approach has resulted in rapid growth enabling them to deliver sustainable solutions to their clients. A preferred tax solution partner for various ERP vendors and implementers, Udyog has earned its reputation as a solution-centric company that delivers effective and successful tax planning services to its clients of all sizes.
Founded in 2001, Adaequare is an expert data and product engineering company. Adaequare specializes in Finance and Tax Transformation, Compliance Management, E-Commerce Solutions and Services, and Engineering Services that include Data, Product and Test Engineering. The company with its main development centre at Hyderabad has offices in 10 cities in India and across USA and Australia.
Adaequare is led by Pavan Peechara who is the President of the board and Chief Executive Officer (CEO). In 2009, it acquired Udyog Software India Limited and now commands a leadership position in Tax automation technology and solutions. Over last 5 years, Adaequare has seen a tremendous growth and success with 130% cumulative annual growth