Empronc Solutions, headquartered in Mumbai, India was incorporated in 2004 by a group of professionals. Their vision was to build an organization that would compete with the leading business solution product companies globally. We wish to introduce the software product BAZ and its effectiveness for establishing Internal Financial Controls while enabling Spend Process Management. The volume growth in transactions generally increases the headcount of support staff, queries and greater attention is needed on standardization of company policies and procedures.
We have implemented BAZ for various large enterprises to centrally manage and control their administrative, IT, branch setup and other capital and operational expenditures including vendor invoice processing, employee travel reimbursements, rents, and utilities.
It will also help to build and control the GST logic for the expense transactions. It will help you to remove the risk and manage the input tax credit mechanism, reverse charge mechanism (RCM), etc. for different rules for different categories of spend under GST regime like vendor payments (PO, Non-PO, Rental, etc.), employee reimbursements, travel Management and petty cash.
Our core focus is to help our customers increase employee centricity, Vendor partner relationships, productivity, Governance, compliance, and efficiencies around these processes while reducing risk, wastage, and fraud.
We have successfully deployed the solution complementing CBS for Banks, ERPs for non-banking customers in Logistics, Manufacturing, Financial Services, Insurance (Life/Health/General) and others.