Brief
The virtual event will focus on the impact of the Invoice Management System (IMS) on GST compliance, reconciliation, and the broader role of automation in transforming financial processes. With the introduction of IMS, CFOs are tasked with navigating complex compliance landscapes while seeking greater accuracy, efficiency, and control over Input Tax Credit (ITC) claims. This session will explore strategic insights from experienced CFOs on leveraging IMS, addressing challenges during its implementation, and the future of real-time GST compliance. The event will o er valuable perspectives on vendor management, the role of automation, and the decision-making process behind in-house vs. outsourced reconciliation services.
Key Takeaways :
- IMS and GST Compliance Transition
- How has IMS changed your approach to GST compliance and reconciliation?
- Shifts from traditional methods to IMS-driven processes.
- IMS as part of a larger governmental agenda to streamline compliance.
- Technology plays a deeper role, unlocking opportunities that didn’t exist before.
- Risks of not using IMS, particularly around over-claimed ITC and compliance notices.
Thought Leader :
Geetika Sethi
Senior Manager Indirect TaxationClear Tax
Speaker Bio :
Geetika Sethi is a seasoned Chartered Accountant with over 6 years of experience in Indirect Taxation, particularly GST. In her current role at Clear (formerly ClearTax), she specializes in compliance, business analysis, and product development, focusing on solving industry challenges in process automation and taxation. Geetika has extensive expertise in GST implementation, compliance management, refund applications, and audits. As a subject matter expert, she leads impactful product demos, conducts Proof of Concepts (POCs), and delivers comprehensive training for teams. Her insights from industry analysis and competitor research guide product innovation, ensuring Clear stays ahead in the market.