New Delhi: Oracle announced the availability of GST complaint Oracle Enterprise Resource Planning (ERP) Cloud in India. It has named Clover Infotech as one of its key partners to enable customers to manage the adoption and transformation to Oracle ERP Cloud.
As India gears up to implement Goods and Services Tax (GST), Oracle ERP Cloud will enable organizations to adhere and comply with new regulations. It will provide native support for GST Network integration and reporting, and support for local requirements including withholding, payment processing, and statutory reporting.
The Oracle ERP Cloud will enable both local and multi-national organizations to implement GST and operate in India efficiently. The announcement on availability of Oracle ERP Cloud in India was made by Oracle CEO Safra Catz during her keynote at Oracle OpenWorld in New Delhi.
“We are pleased to be named as a key partner by Oracle for enabling adoption of GST-compliant Oracle ERP Cloud in India. GST is a very important tax reform and will benefit the Indian economy immensely in the long run. Our Oracle Cloud ERP team, comprising certified consultants and domain experts, has successfully implemented Oracle Financial Cloud solution for customers.
Clover Infotech will leverage this experience and knowledge of domain experts in finance and technology to enable customers in India to successfully transition to Oracle ERP Cloud and become GST ready,” said, Javed Tapia, MD, Clover Infotech.
The other partners named by Oracle during the Open World for enabling customers to manage the transformation into ERP Cloud are Deloitte, KPMG, PwC, Filix Consulting, KPIT.