EOSoft Case Study

A Case Study on Regulatory Compliance Management System for STPI & SEZ Units implemented for one of India’s top IT firm

India on the forefront of globalization opened its doors for FDI (Foreign Direct Investment) luring several Multi - National Companies to set up their branches in India via the 100% EOU & SEZ Schemes which was briefly categorized as EOU, STPI & EHTP Units. The Schemes helped the Companies in setting up the Units at a subsided cost by giving a tax holiday for their Procurements & Profits.

One of the top ranking IT companies in India, with a network of hundreds of offices servicing all the major cities and Ports in India & World with a Total team strength of more than 96,000 employees across 56 Nationalities with revenues of Rs 61 Billion.

In an order to automate a system which is apart from the standard solutions provided by the ERP’s, the client looked for a solution that would help in tracking of Procurements, Finances, Compliances, synchronization of data, Reporting, and overall better control of their Compliance Operations. The Clients intension was to completely automate the Compliance Operations and to report the concerned authorities with respect to STP & SEZ Units.

The Choice:

Infolog Solutions proposed the implementation of their 100% EOU & SEZ units Compliance Management System – EOSoft, which aids 100% EOU & SEZ units to run their Compliance operations. It allows the 100% EOU & SEZ units to full fill the activities of the scheme and helped in delivering & maintaining the required statutory registers & reports as per the scheme to comply with regulatory authorities and gave an added advantage to the companies’ instantaneously over the manual process. The software can interface into any ERP system, albeit the customers own back office solution as well as for fulfilling regulatory Authorities.

Infolog Solutions provided a managed Web based total solution with EOSoft, which could provide the client with comprehensive information and monitoring of their overall 100% EOU & SEZ units Compliance operations & activities. With a single click of mouse, the client could log into any branch or as a pan India operational, financial, reporting and current status of their 100% EOU & SEZ Units.

Now the client can view the status of each Branch with respect to their Operations, Finances & reporting and take decisive decision on where to invest, what they have, how much they need etc… for the growth of their company.