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Tax reporting for private clients made it easier in Otkrytie
The new platform, introduced by Otkritie Bank, allowed consolidating the delivery of tax reporting for individual customers. In one place, data is now being collected from six different systems and 624 structural units.
According to the bank's press service, Moscow and Novosibirsk became the main data collection centers. The single point for transferring reports to the tax office is built on the basis of Diasoft software.
According to Victoria Novikova, head of the Intrabank Accounting and Remuneration Department for Otkritie Bank employees, the main task facing bank employees and programmers was to improve and centralize the process of reporting to the tax office. There were no ready-made solutions for this on the software market, so the emphasis was on ready-made basic software, which was modernized to meet the needs of the bank.
The project started in September 2019, and in December the first upload to the new system of information on the income of individuals was carried out. According to Yuri Ignatyev, head of Otkrytie Bank’s internal banking automation department, by February 2020, the system had shown full functionality: the first statements were successfully submitted to the tax on February 29th.