Shinseung Tax Firm Case Study
Top Korean Tax Firm
- 4,000+Contracts migrated
- Top 10Korean tax firm
Project Overview
Shinseung Tax Firm, one of South Korea’s top 10 tax firms, needed to move from Excel-based workflows to modern online systems. Together with KG ICT, Savvycom built a bespoke tax platform with precise data management and integrated payments.
About The Client
Savvycom and KG ICT had the honor of working with Shinseung Tax Firm, a Korean tax firm that provides accounting and tax consulting services for Korean companies. It is one of the top 10 tax firms in South Korea and has been operating since 2002 with 7 branches in Seoul and Gyeonggi-do.
Challenges
- Transitioning to Online Workflows: Shinseung Tax Firm had to move from deeply rooted traditional workflows to modern online systems. For a leading tax firm operating since 2002, this required a cultural shift in work practices as well as new technology, aiming at better operational efficiency, data accuracy and real-time access to financial information.
- Enhancing Efficiency with Advanced Tools: Previously reliant on Excel for all its data management, the firm needed more sophisticated tools offering greater efficiency, accuracy and analytical capabilities.
- Optimizing Management of Tax Refund Contracts: The firm needed a solution that could handle the complexity and volume of Tax Refund contracts, reduce manual errors and accelerate the refund process.
Solutions
- Crafting a Bespoke Solution for Tax Excellence: Savvycom developed a finance system tailored to the tax domain, streamlining Shinseung Tax Firm’s operations with advanced analytical tools, real-time data access and enhanced security features.
- Elevating Data Management with Precision: Savvycom migrated over 4000 contracts to the new system without disrupting the firm’s daily operations, ensuring data integrity and accessibility and a robust foundation for future growth.
- Integrating Advanced Payment Solutions: To manage a vast volume of tax transactions, Savvycom integrated a payment service within Shinseung’s system. It supports seamless transaction management, a better client payment experience and compliance with financial regulations, and optimizes the tax refund process.
Results
Shinseung moved from Excel-based workflows to a bespoke tax platform with advanced analytics, real-time data access and enhanced security.
More than 4,000 tax refund contracts were migrated without disrupting daily operations, and an integrated payment service now handles the firm’s large volume of tax transactions while supporting compliance with financial regulations.
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