Cinimex and Russian Agriculture Bank implemented a tax monitoring platform

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Cinimex and Russian Agriculture Bank implemented a tax monitoring platform from VK.

The system is designed to enable digital interaction between legal entities and government agencies within a single information environment.

The implemented software is a data mart enabling tax officials to access online tax declaration and register data and view links between documents up to source documents (accounting transactions).

Cinimex and the Bank’s employees jointly carried out a full cycle of works aimed at implementing the software: specified the accounting documents to be disclosed, configured the solution in terms of the internal control system and disclosure of tax and accounting data; generated and implemented a role-based model; designed and developed an integration module for loading data from the Bank’s systems into the tax monitoring data mart.

“The IT project was implemented to reduce the time spent by Russian Agriculture Bank communicating with tax authorities. The implemented solution enables Bank employees to carry out additional quality control of disclosed information and minimize financial and reputational losses,” comments Alexei Novikov, IT Deputy Director, Russian Agriculture Bank.

“Within the project, we have assessed current business processes, carried out deployment, testing, and documentation of the solution in accordance with the Bank’s internal requirements. The implemented solution facilitates compliance with both the applicable tax regulations and present import substitution trend. In general, there is a trend to create a single information environment to enable interaction with the Federal Tax Service. In my view, the next step to be taken by tax monitoring participants is a direct integration of information systems with ‘Nalog-3’ Automated Information System,” says Maxim Matrenichev, Deputy Director for Key Clients and Partners of Cinimex.


See the project details on: https://www.comnews.ru/content/220506/2022-06-01/2022-w22/kompaniya-sinimeks-i-rosselkhozbank-vnedri...

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