Local Business

Bahwan CyberTek launches ManageMyVAT

Staff Report/Dubai
Filed on April 30, 2018
Bahwan CyberTek launches ManageMyVAT


Bahwan CyberTek , a leading software solution provider from the region, recently launched ManageMyVAT (MMV)) - VAT compliance software - aimed at helping businesses to automate VAT filing and be VAT compliant through its smart bots (automation) which helps in the compliance process.

"The UAE has implemented VAT from January 2018, ushering in a new era in the UAE. This is a positive indicator for the UAE economy to be well accepted globally and also reduce its dependency on oil generated incomes. MMV is a highly adaptive software with rich set of functionalities covering tax payments, invoicing, accounting, compliance management and VAT filing," said K.Jayaramakrishnan , consultant and former vice president, Tata Consultancy Services.

The MMV solutions provides in-built analytics and smart document management system so that the assessment with the tax authorities could be hassle free. The solution provides ready to deploy adaptors to most of the standard enterprise solutions including Oracle, SAP and Microsoft Dynamics. S.Guru Subramaniam, vice president- operations, Bahwan Cybertek, said: "The return on investment can be justified since it makes the enterprise 100 per cent VAT compliant as per the UAE VAT laws and submit proper returns thus preventing penalty payments." - business@khaleejtimes.com

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