Pune, India, April 13, 2017: KPIT Technologies (BSE: 532400; NSE: KPIT), a global technology company specializing in IT consulting and product engineering, today announced that it has partnered with SAP SE to implement a rapid deployment GST (Goods & Services Tax) solution, GST Starter Pack for the manufacturing industry in India. The solution provides the customers with SAP S/4HANA digital core, that enables them to unlock business value starting from GST compliance, to realizing the full potential of benefits accruing from digital transformation in the post-GST era.
The GST Starter Pack is a pre-packaged solution with fixed timeline, scope and total cost of ownership (TCO) that assists in enabling companies to be prepared for the shift to the new tax structure, which comes into effect from 1st July 2017. GST will require multiple changes in the business operations. Companies will need to scale up the technology infrastructure for ensuring high level of vendor tax compliances, system to maintain adequate level of vendor database, review of the compliances at supplier’s end and monitor the periodicity of the tax payments and filings.
SAP S/4HANA aids businesses in smooth transition to high level compliance oriented GST environment and is capable of administration of complex tax configuration and high volumes of vendor compliance level management. KPIT as the implementation partner accelerates the journey through HANA Project Tools and Accelerators that make the implementation process faster and better.
With a strong SAP product expertise and profound domain knowledge, we believe that we are well positioned to support customers in the manufacturing industry through a one-stop solution that covers the intricate aspects of GST pre-implementation and post-implementation phases”, said Sahil Dhawan, Associate Vice President, SAP SBU at KPIT.
“With close to 10 weeks left for GST to be implemented, companies in India are looking for solutions that can help them adapt to the new tax regime, faster,” said Neeraj Athalye, Head, S/4HANA & GST Adoption Drive, SAP India. “SAP has a well-defined technology road-map to simplify GST roll-out. Combining KPIT’s industry specialization and customer focus, together we will enable the manufacturing sector to accelerate its GST readiness.” – he added.
KPIT provides end-to-end consulting, solution implementation, compliance review and support to customers in their journey to GST transition, through its Centre of Excellence (CoE) for GST which also comprises financial experts from its tax advisory firm.

About KPIT Technologies Ltd.

KPIT (BSE:532400, NSE: KPIT) is a global technology company specializing in providing IT Consulting and Product Engineering solutions and services to Automotive, Manufacturing, Energy & Utilities and Life Sciences companies. Together with its customers and partners, it creates and delivers technologies to enable creating a cleaner, greener and more intelligent world that is sustainable and efficient.

About SAP

As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 345,000 business and public sector customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com

SAP GST Offerings
___
Learn more about our offerings for smooth GST implementation on SAP systems
Are you GST ready?
___
Get ready with KPIT’s effective approach to making your business GST compliant
Point of View: Insights from KPIT
___
Impact of GST on Businesses in India
Accelerate your GST Transition
___
GST to come into effect from July 1, is your business ready?
Have a question?
Write to our Media Representatives
For India, APAC Contact
Richa Bakshi
Tel: +91 20 66525000x3204
M: +91-992 244 9750
For North America, Contact
Melissa Womack
Tel: +1-214-505-0228
 
0Join the conversation
Events
KPIT participates in a number of leading technology and industry events across the globe and conducts
focused events and webinars from time to time. Have a look at our Event Calendar and connect with us.

Terms of Use   Privacy Policy   Cookie Policy   Home   
Copyright © 2017 KPIT Technologies Ltd.

CIN: L72200PN1990PLC059594