Vesl
Technologies Ltd has designed and developed a Value Added
Tax Management System baptized (VIMS) Vat Information Management
System catering for the African Market. VIMS featured not
only as an automated system for revenue collection but also
set the intelligence for assessments and enforcement of
legislation governing the VAT regulations of a country.
VIMS
also analyses data collected from various sectors to generate
statistical reports for measuring economic indicators. In
fact VIMS has proved that VAT can be a reliable source of
freely available datafor statistical evaluation of Economic
indicators and it also offers tangible data for the Ministry
of Finance to budget expenditures etc. and the Central Bank
of the country can use the data for measuring price index
determine interest rate etc. On the other hand VIMS is an
a comprehensive system that inspires transparency and accountability
for economic growth of a nation.VIMS REPRESENT A SINGLE
VERSION OF TRUTH.
VIMS
is fully customizable to suit the culture,business practice
and the legislation of a country.It has been developed on
both client server and web based technologies where for
client server and browser based reports in a single view
has been deployed to allow on line view of the various reports
as and when the transactions are recorded. Other wise the
web based VIMS offers a centralized version and the system
reduces cost of support on remote sites as the support is
provided at the central server thereby reducing downtime
costs and cost on efforts for client supports.
VIMS
can be integrated with other TAX system such as Income Tax
and has the ability to interface with other applications.VIMS
is deployed on both Red hat Linux as well as windows based
operating system.
As the
browser has been an integral part of VIMS technology it
requires 5 minutes of practice for a user to view all the
reports and navigate through all the features without any
manual entry. This is basically for decision makers who
are concerned with the out put of VIMS as the latter provides
a single view of a VAT registered trader. The data base
of VIMS is Oracle and it is scalable and the growth of data
is accommodated without problem. VIMS can also provide one
way or two ways data traffic with other stake holders of
the country.It has also been designed to integrate seamlessly
with online VAT Returns submission should the future opt
for such transactions.
For
more details contact us: info@vesltech.com
