New SuiteApp for e-invoicing and goods and services tax compliance meets Oracle NetSuite SuiteCloud Platform development standards and best practices
Clear (the makers of ClearTax), a leading India fintech SaaS company for compliance and wealth management, today announced that its goods and services tax (GST) and e-invoicing application, Clear GST, achieved ‘Built for NetSuite’ status. The new SuiteApp, built using the Oracle NetSuite SuiteCloud Platform, helps organizations drive GST compliance while also creating secure and compliant e-invoices and electronic bills for various industries at scale.
“India’s tax digitization wave combined with tighter government norms has led to an increased need for technology tools that can manage tax compliance,” said Archit Gupta, CEO and Co-founder, Clear. “Clear GST helps businesses automate return filing with the highest level of accuracy by providing what is needed to maintain GST compliance, manage reconciliation, and optimise input tax credit at scale.”
Clear for GST provides finance and taxation compliance teams with a platform to automate GST return filing with the highest level of accuracy, especially when dealing with multiple goods and service tax identification numbers and a large number of invoices. With the Clear for NetSuite SuiteApp, documents are automatically transferred from NetSuite to Clear for preparation and filing of GST returns. Businesses can also create GST compliant electronic bills and invoices at scale.
“Managing the tax compliance process can be time intensive and cumbersome for any organization,” said Guido Haarmans, Vice President, SuiteCloud Developer Network and Partner Programs, Oracle NetSuite. “This new SuiteApp extends our robust solution for tax compliance and can help NetSuite customers to become more efficient in managing GST compliance through increased automation and accuracy.”
Built for NetSuite is a program for NetSuite SuiteCloud Developer Network (SDN) partners that provides partners with the information, resources, and methodology required to help them verify that their applications and integrations meet NetSuite standards and best practices. The Built for NetSuite program is designed to give NetSuite customers additional confidence that SuiteApps, like Clear GST, have been built to meet these standards.
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