Introduction

Our client, a prominent member of the BIG4 financial consulting companies, operates a Tax (VAT) Expert Center. This large organization specializes in providing taxation consulting services with a focus on the VAT domain in a multinational context.

The Story

Facing the need to modernize and streamline their Tax/VAT management processes, our client boarded on the development of an in-house solution—an ERP system tailored to support their unique requirements. To ensure the success of this initiative, they enlisted the expertise of Kibit, augmenting their development team with professionals in various roles, including development, testing, business analysis, and project management.

The technology stack chosen for the project included the .NET Framework, utilizing both VB.NET and C#.NET, and Agile methodologies guided the development process. The primary objective was to automate VAT-related data processing, scheduling, and reporting procedures. This automation aimed to empower taxation experts in efficiently managing their daily responsibilities, especially in serving multinational clients. Simultaneously, there was a strategic focus on enhancing the solution architecture to facilitate global expansion.

The Challenge

The project faced several challenges, notably dealing with legacy components developed using outdated technologies. The dual challenge of establishing a new, modern, scalable platform while seamlessly migrating legacy functionalities posed a significant hurdle. Navigating these challenges required a careful balance between preserving

The Results

Despite the challenges encountered, the collaboration between our client and Kibit yielded fruitful results. An expert team, carefully curated to align with the specific needs of the project, was established and proved invaluable to the client. The success of the cooperation was rooted in flexibility—Kibit consistently adapted to the evolving needs of the client, allocating the right experts to address various sub-projects effectively.

The implemented solution not only automated VAT-related processes but also succeeded in improving the overall architecture, paving the way for future global expansion. The client now possesses a modern, scalable platform that enhances the daily operations of taxation experts and positions them to serve clients on a global scale.

The International VAT Management Platform case study underlines the successful collaboration between our client, a major financial consulting company, and Kibit, the chosen technology partner. The project's triumph lies not only in overcoming technological challenges but also in the ability to adapt to the dynamic needs of the client. As a result, a robust, automated solution has been implemented, elevating the efficiency of VAT-related processes and positioning the client for continued success in the global market.