How we used Big Data processing pipelines to transform raw sales data into insightful analytics.
With GST coming into effect in 2017, most industries did not know what to expect. This level of dependency on technology for tax compliance was unprecedented in India.
With the monthly filing of GST becoming mandatory, and the input tax credit becoming critical for B2B customers, the need for a software solution to turn around large amounts of raw sales data from the POS platform to GST-compliant data had become a pressing need.
Bitkraft provided the much-needed Domain consulting and customized platform that achieved 100% compliance.
Some key features of the platform:
– More than 15 million rows of data are processed per month
– Generated Invoices and sent them to clients – more than 200k Invoice per month
– 200k+ invoices files to GSTRN via API per month
– Reduced monthly tax-compliance timelines by almost 96%
– Interfacing with multiple internal systems and APIs such as – Bookings POS platform (Navitaire), Internal ERP – SAP, Agents Incentive Calculations System (also developed by Bitkraft Technologies)
– Comprehensive reports for Taxation and Revenue Assurance for Airlines purposes
– Almost 1TB of data is processed annually in the cloud
The data lake created for the GST platform became a source of data for revenue assurance, agents commission calculation, and also vendor invoicing platform. It also allowed the Tax team the flexibility to retrieve reports demanded by the Government Tax department by Month, Flight/Sector, or Charge type.
