Smart accounting key to compliance

As businesses adjust to a stricter regulatory framework, streamlined and tech-enabled accounting processes can offer visibility and control

- By Chiranti Sengupta

With corporate tax now in effect, accurate, real-time financial management has become essential not just for large corporations but for SMEs and start-ups operating on leaner resources.

Investing in robust accounting software is increasingly seen as a strategic move. These platforms consolidate key accounting functions, automate expense tracking, and ensure timely tax compliance, cutting down on errors and inefficiencies that could otherwise be costly.

Industry experts highlight that accounting, tax filing, and payroll systems must now work together seamlessly as this integration is vital for data integrity and operational agility.