SINGAPORE – Media OutReach – 7 February 2023 – Counto, a Singapore-based finance back-office service platform, has achieved Tier 3 accreditation on IRAS’ Accounting Software program Register Plus (ASR+) itemizing.
The built-in software program affords a variety of options, equivalent to the flexibility to submit Company Revenue Tax Returns (Kind C-S) and GST Returns (F5, F8). One of many core advantages of Counto’s Tier 3 standing is the corporate’s potential to supply seamless tax submitting companies to IRAS. This provides companies an choice to outsource their tax filings to an built-in monetary answer with ease and at a decrease price in comparison with conventional choices.
Designed to be a one-stop finance answer offering accounting companies for small companies, Counto is without doubt one of the few accounting suppliers in Singapore that’s invested in machine studying and synthetic intelligence (AI) for accounting, bookkeeping, and tax companies. It makes use of AI know-how to automate sure accounting duties, equivalent to gathering and analysing knowledge from purchasers’ companies and permitting its accountants to deal with higher-value actions, thus saving time and assets.
Counto’s AI-powered platform has been designed to help accountants with day by day routines equivalent to knowledge entry, report creation, and bookkeeping duties. It additionally allows purchasers to add related invoices and knowledge from their companies to Counto’s platform. The system will instantly analyse the info, categorise them into folders, auto-create cost drafts to suppliers, and extra.
Purchasers of Counto are additionally capable of sync their financial institution accounts and hyperlink different platforms to the system with out worrying about reporting inaccuracies or gaps. As a fintech startup, Counto makes use of a technology-first strategy to supply accounting and bookkeeping companies, company secretarial companies, in addition to enterprise registration companies — all of which intention to assist corporations maximise their output and deal with rising their enterprise.
Counto can also be exploring superior applied sciences to supply purchasers with extra correct and speedy outcomes. By embracing AI, Counto goals to additional improve the precision and effectivity of its company tax submitting companies. Future objectives embrace increasing in Asia and the UK.
For extra data on Counto, please go to https://mycounto.com/.
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