Comprehensive Solutions For SEZs & EOUs Which Allow Companies To Manage Compliance & Operations.

Sept. 16, 2010 - PRLog -- Schemes such as SEZ or EOU provide significant benefits to companies in terms of excise, customs, state level VAT, service tax & Income tax. However, they have are required to follow various compliance, regulations and statutory rules of governments, that involves a lot of documentation, procedures and paper works.
The EOU & SEZ software solution from Udyog  is designed considering the compliances & the different  business processes like procurement (Local & Import), consumptions, sub contracting, DTA sales & export. The Software tracks day- to-day records & generates various reports & registers required to be maintained by these companies for internal & external Audit.
Udyog also provides QPR, HPR & APR related reports which are required to be maintained & submitted to required statutory body.
These solutions bring in high amount of automation for the businesses and can easily get rid of manual paper works and procedures.
“Currently companies are often dependent on excel & word formats for document printing. This is a tedious process as the same data required to be manipulated at various times. The other challenge that they face is, they are not able to generate reports quickly. Some are using combination of word, excel & custom made software “Pravin Sawant VP-Sales, Udyog Software (I) Ltd said.
“My experience has been that most of the companies which use ERP today do not have an effective way to obtain or file statutory returns from their systems automatically. These companies resort to manual processes of exporting available data into excel & in order to prepare the monthly returns, which leads is both time consuming & error prone. There are chances that these companies fail to produce the required reports easily at the time of Audit. In order to solve the this issue, we have developed an interface which takes data from ERP in predefined formats & uploads data to our software, which can generate the required statutory report . This eliminates data duplicity by ensuring the data is from a single source (the ERP), and therefore easy to Audit,” Sudipta Choudhury, VP-Projects, Udyog Software (I) Ltd said.
Apart from EOU & SEZ, Udyog is also providing Excise documentation software for Manufacturer & traders, Service tax, VAT (State wise) & CST form tracking & TDS & eTDS.
Overall, it improves efficiency of business processes, saves valuable time and improves cost – effectiveness by automating the procedures.

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Udyog has been successfully providing technology solutions to a number of businesses and has established its reputation as one of the leaders in areas of Tax Compliance Solutions, Integrated Solutions for SME and Indian localized tax solution to ERP.
Udyog was founded as a way to provide affordable yet high quality solutions to clients who demand the best service. Udyog’s key objective is to provide sustained growth opportunities to all entities in the company achieved by increasing revenues and profitability.

•As the India's largest selling excise software company & 2nd Largest brand in India in Package software (Dun & Bradstreet 2007 news)
•Successful track record since 1993
•Over 10800 + Clients include Large, MNC & SMB
•Local support & service available, we have 40 channel partners across India.
•Successful integration case studies, SAP R/3, Infor, JD Edwards , Ramco Systems, Fourth Shift & BPCS, QAD-Mfg/Pro, Adage, Evolutions, SUN & Customized ERP