Overview

With the rapid advancement in technology, organisations are quickly adapting, transforming and automating their business processes and functions with new-age technology solutions. Digital transformation and automation have become necessity for organisations to increase efficiency and profits, along with better mobilisation of available resources..

The digital transformation and automation of the tax and finance processes not only helps improve transparency but also alleviates the undue burden and excessive dependency on personnel. It ensures timely compliance, cost optimisation and risk mitigation and helps in unlocking value through technology consulting. We offer an array of intelligent and sophisticated digital transformation services that are designed to create a robust digital tax and finance ecosystem within the organisation.

Our domain experts understand the challenges when it comes to digital transformation in business and have developed adept technology solutions to specifically address these challenges:

Lack of real-time analytics, insights and tracking of compliances
Slow or inadequate management reporting
Lag in timely and accurate tax compliance with accounting
Transactional data not copiously reconciled
Difficulty with tracking and managing tax litigation cases
Lack of dependency on key team members
Manual tasks and duplication of efforts, failing to leverage technology
Inefficient and outdated processes that can be addressed by automation
Overdependency on manual data management
Ongoing changes to regulatory compliance and business activitie
Unstructured workflows and approvals for compliance, accounting and data management
Delay in the exchange of data and communication with external stakeholders

How BDO UAE Can Help

Designed to enable businesses to digitise, automate and integrate their tax, finance, accounting, regulatory and assurance requirements, our portfolio of business transformation products and solutions enables companies to pace their digital transformation agenda efficiently. The portfolio is designed to:

Manage compliances timely and accurately

Monitor and track compliance assessments, litigations and assurance risk
Decision-making and exceptional analytics
Integrate with ERP systems and other software tools
Reduce costs and provide real-time information to all stakeholders
Contribute to the environment by reducing/eliminating the use of paper

Security

In today’s interconnected world, companies rely on several applications to run and manage their businesses efficiently. This, in turn, exposes them to data breaches and cyber-attacks.

We understand and recognise the importance of data security and follow a comprehensive security plan that covers all aspects of an application’s lifecycle, from development to deployment. Our solutions are equipped with a variety of security measures and controls, including:

3-tier security architecture, segmenting authentication, authorisation and access layers
Security processes certified with ISO/IEC 27001:2013
TLS v1.2 enabled security structure
AES-256 encryption to defeat any sniffing attack across the network
Database hardening policies implemented to access data in the database by enforcing careful user roles
Firewalls’ deployment with DDoS protection tools before load balancers to ensure only genuine traffic passes through and prevents any network abuse
Periodic Vulnerability Assessments & Penetration Testing (VAPT) from independent certified auditors
Deployed and built on ISO-certified Microsoft Azure platform.

Technology Products and Solutions

Overview

How BDO UAE Can Help

Security

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