Export & Import Documentation With Incentive Scheme Add On Module To ERP

Online, January 28, 2012 (Newswire.com) - Udyog has launched its EXIM (Export and Import) Documentation Product to be integrated with any ERP. The integration element in Udyog's highly successful iTAX, a product extending taxation features to ERPs has been customized to accommodate the EXIM module, and the iTAX-EXIM module is being positioned for customers requiring EXIM automation. .

When we talk about EXIM it should cover pre & post shipment document, LC Tracking for Import & Export, LC Submission of documents to bank, Submission Document to bank after import & export along with tracking of inventory & duty for export incentive like Duty Drawback, Advance License & EPCG.

Today, in Indian market, most of the companies use manual modes of documentation, which are restricted to internal knowledge of such filing requirements or external consultants and therefore they are most often not comprehensive enough to cover all requirements.

Companies face major issues in reconciling changes in processes or statutory changes from government, as more often, there are knowledge gaps to accommodate the changes in their documentation by detecting the right process touch points, and this is one area which is very difficult for an ERP implementer or OEM.

iTAX-EXIM takes care of all above issues & provides simple offline integration with any ERP. The relevant data which is available in ERP, are mapped with the iTAX-EXIM fields and all related reports & tracking are carried out in iTAX- EXIM software.

Recently, we have provided a solution to SAP E.C.C 6.0 where customer wants no customization in ERP & wants all documents printed from iTAX-EXIM. All relevant data fields related to Sales order, purchase order, purchase, export & local sales, expense purchase, payment transactions of SAP have been mapped to iTAX-EXIM. For the missing data which could not be captured in ERP, we provided an interface where user could key in data. "The integration method required by our customers normally involves a one way integration where data comes from ERP to iTAX; however, we also provide a two way integration where data flows seamlessly in two directions between ERP and iTAX" Says Pravin Sawant ,VP-Direct Sales-Udyog Software (I) Ltd.

Sudipta Choudhury , heading-Projects delivery in Udyog is very optimistic with the future of this product , "The flexibility that the architecture brings in enables a customer to use this as a completely integrated product with ERP , and even as a standalone till the ERP is appropriately deployed . Udyog has an experienced team doing functional understanding, project management, implementation and testing activities, experienced in similar implementations, and I am sure, they would be able to replicate with other customers as well."

iTAX today provides Excise documentation for Manufacturer & traders, Service Tax, state wise VAT & CST, TDS & eTDS, EOU & SEZ and EXIM solution.

With an impressive list of 90 + customers developed over a span of 3 years who are using different forms of ERP like SAP, QAD, BAAN LN, Oracle , BPCS, JD Edwards , Peoplesoft, iTAX -EXIM is expected to continue leveraging the existing brand recognition and recall & continue to enjoy being part of many more case studies & customer satisfactions in the years to come.