EY unveils DigiGST hosted on Microsoft Azure

By VARINDIA - 2017-06-01

EY unveils DigiGST hosted on Microsoft Azure

 

 

EY has launched DigiGST solution that provides organizations with end-to-end GST compliance support. DigiGST is hosted on the Microsoft Azure platform and combines EY’s tax domain expertise, technology capabilities and deep sector knowledge.

 

DigiGST uses intelligent tax automation supported by industry-specific algorithms and a reliable and resilient technology platform that is capable of handling a large volume of transaction data.

 

“The launch of GST is perhaps India’s most significant and complex economic reform the largest yet most complex change in the world and technology will play a critical role in this transformation journey. DigiGST combines our tax knowledge and technology expertise in a way that it adds value to businesses, helping them fully realize the benefits of GST while meeting compliance requirements in the most digital or user-friendly way,” says Rajiv Memani, Chairman, EY India and Chairman, Global Emerging Markets Committee, EY.

 

Bertrand Launay, Chief Operating Officer, Microsoft India, said, “Microsoft Azure cloud offers the most consistent, familiar and stable environment through local data centers for EY’s intelligent tax automation tool, DigiGST. It ensures protection of business-critical data with managed cloud backups and disaster recovery as a built-in service. Microsoft Azure is ISO/IEC 27018 certified and has the world’s first code of practice for cloud privacy. Its multi-level security and flexibility will further support the scalability and resilience of the DigiGST solution.”

 

EY’s GSP will connect with the GSTN system over a secured leased-line and upload taxpayer data in JavaScript Object Notation (JSON) format using Application Programming Interface (APIs) and the license key accorded by the GSTN. EY ASP will provide all the value-added services to make GST compliance easier. Only GSPs and ASPs together can provide seamless end-to-end GST compliance services to taxpayers. The DigiGST uses robust in-memory multilevel reconciliation for timely error detection and appropriate credit availment to taxpayers, thus reducing their working capital blockage.

 

The DigiGST solution while being customisable, automated and intuitive is also highly resilient, providing the best security infrastructure and complying with the highest accepted industry standards. At each layer of the infrastructure and application, controls have been established to ensure data confidentiality and integrity. While the GSTN mandates all GSPs to be ISO 27001 certified, EY’s ASP solution too complies with the ISO 27001 data security standards.

 

DigiGST offers role-based access control privileges to prevent any individual other than the one assigned by the company leadership to interact with the complete dataset. This solution uses data virtualization to prevent data manipulation and theft by individuals with access to the solution interface. EY’s two ISO 27001 certified Security Operations Centers (SOCs) in Chennai and Trivandrum with highly mature detection and response capabilities will provide 24/7 monitoring and control of data security as part of the DigiGST service offering.

 


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