Finance House PJSC, the UAE’s leading independent finance company, announced its partnership with SunTec, a provider of revenue management and customer experience orchestration software.
Through this partnership, SunTec will facilitate computing of taxes under the new mandate and invoicing of the newly introduced Value Added Tax for Finance House.
T.K Raman, Group Chief Financial Officer, said “We are happy to partner with SunTec and we are proud to be among the first companies in the UAE to become VAT compliant. It is crucial to us to be at the forefront of change and compliance to newer regulations is one of the ways we do that. I believe Xelerate will help us move forward with this vision.”
Sudheer Padiyar, Regional Head, EMEA, Client Facing Group at SunTec, said: “We are proud to be the partner of choice for Finance House in their journey towards compliance. Xelerate for VAT has been designed specifically to ensure that our clients find it convenient to become VAT compliant with least amount of interference to their existing infrastructure and carry on with business as usual.”