Help SoftBank Solutio China Achieve Oracle NetSuite China Tax Local Compliance with Hitpoint Finance Suite Apps
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Banks
SoftBank SolutioOracle NetSuite China
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Customer Profile
An IT solutions company focused on driving the digital transformation of enterprises, providing a full suite of services from consulting to application to achieve “win-win” results in terms of quality and efficiency.
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Challenges Faced
1、The original financial management system could not realize the local compliance of China's finance and tax;
2、The lack of a service provider who understands both overseas tax systems and local tax rules to help operate and maintain the system in China, resulting in low synergy efficienct.
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Solutions
1、Use Hitpoint China Finance SuiteApp, the localization module of China finance and tax, to achieve compliance conversion of financial data;
2、Hitpoint Cloud provides professional Oracle NetSuite system operation and maintenance services to help them quickly realize domestic and international financial data docking.
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Customer Value
1、Ensure tax compliance: Through the implementation of the Chinese tax localization module, to ensure that the financial data in line with Chinese regulations to reduce compliance risk;
2、Optimize operational support: With the help of professional cross-border finance and tax service providers, improve system operational efficiency and ensure smooth business;
3、Improve synergy efficiency: establish a unified information platform, optimize resource allocation, and improve the synergy efficiency between China team and overseas headquarters.
