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Mumbai, Maharashtra, India, 2010/08/09 - Form 16A Processing (i-16A) leverage Artificial Intelligence / fuzzy logic to process Form 16A accurately. This solution eliminates manual keyboarding of Form 16 A,increases accuracy and reduces costs by 75%. It will help handle high cyclical volumes.
Datamatics Global Services Limited, provider of smart, nextgeneration smart document processing solutions that address the business challenges of customers globally, announced the launch of a smart business solution that assures lower document processing costs, improved turn-around times and many other benefits as compared to paper-based, manual processing.
The solution, Form 16A Processing (i-16A), leverage Artificial Intelligence / fuzzy logic to process Form 16A accurately. This solution eliminates manual keyboarding of Form 16 A,increases accuracy and reduces costs by 75%. It will help handle high cyclical volumes of Form 16A data for submission to the Income Tax Department.
• Form 16A TDS Processing solution helps accounting teams automate the process of calculating all the taxation details while filing the tax returns. The solution helps make the tedius task of tax data processing, which is also susceptible to significant human errors, faster, cheaper and with high accuracy.
“The solutions have been well-received by customers and several customers have gone live. These solutions deliver cost-savings of up to 80%, significant effort reduction and turnaround time improvements of up to 75%. We are looking for collaborative relationships with channel partners who have a solid technology background, experience in selling multiple solutions and an existing clientele among corporates,” said Rahul L. Kanodia, Vice Chairman & CEO, Datamatics Global Services Limited.
About Datamatics Global Services
Datamatics Global Services Limited (datamatics.com) delivers smart, next-generation solutions that address the customers’ business challenges. The company delivers such solutions leveraging Artificial Intelligence. With customers increasingly demanding smart solutions to improve operational efficiency, faster time-to-market, higher employee productivity and maximized customer satisfaction, Datamatics has focused on developing smart and next-generation solutions to meet these market needs. These solutions guarantee a minimum cost saving of 25 percent. Datamatics is certified for ISO 9001-2008, ISO 27001 and SAS 70, and has been assessed at SEI CMMi – Level 5 (QAI), P-CMM – Level 5 (QAI). Datamatics is the First & Only Indian Services Company to win the International Asia Pacific Quality Award.