Elixr Books X Shriman Technologies: Simplified GSTR Filings & Accurate Audit Trail Reports
About the Client
With an impressive portfolio of technology and consulting services for clients globally,Shriman Technologies is a leading company headquartered in Chennai, India.Requirement to file their GSTR, and elevate overall financial management, led them to Elixr Books.
Challenges
Primary requirement was having experts help with smooth filings to stay GST compliant
Internal accounting team did not have the necessary technology for efficient tax filings
Spending money on external auditors for monthly GST filings was proving costly
An easy-to-use software was also the need of the hour
How did Elixr Books asses the problems?
- Elixr bmks team kickstarted the project with detailed reports of their previous month & analyzed it in-depth
- Streamlining GST workflows was suggested
- The sales team's leads needed to be monitored effectively
- Since client handled multiple proJects, their Proft and Loss statements for every project needed immediate tracking
- Access to the software even while away frorT1 the desk was needed. An alternative was planned
SOLUTIONS
Strategies employed
Collaboration & teamwork
Detailed reports were collected in the initial stages and collaboration with the client on company workflows was effectively carried out. Frequent training sessions, proactive communication, helped our team identify mpholes.
Sales data analysis
Client required monitoring of sales team’s leads. CRM was provided to help them get comprehensive sales data.
Training services
A culture Of knowledge sharing is part Of Elixr Books strategy management. Training on using the software to drive better business outcomes was practiced.
Compliance measures
Implementing GST filings best practices for hassle-free monthly filings. This ensured timely submissions and accelerated enhanced GST compliance.
Key Implementations
Features/ Modules Implemented
- CRM access provided
- Monthly GST filings
- Audit trail reports
- Profit and Loss Statement - P&L
- Multi-user access
- Mobile app for on the go access
Takeaways from the project
- Our affordable pricing in comparison to other accounting companies was a crucial differentiator that made our client reach us
- Partnering with us saved them cost that was spent on external auditors & benefited with more than filings with an all-in-one integrated solution
- As a strategic move, Elixr Books went tpyond meeting their requirements. CRM software, a mobile app, multi-user software access were other key deliverables
- Providing the client with direct access to the accounting workflow with the admin user role established transparency at all levels
Results
- 70% cost savings in managing finances
- 60% time savings with reduced errors
Success Story
The case study of Shriman Technologies illustrates the practical solutions, cmtinuous training, and compliance best practices By addressing their cost and issues, Elixr also provided them with financial efficiency with the latest avoid S*nalties, and stay GST compliant.
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