Document Retention Policy Compliance

Third Pillar
Document Retention Policy Compliance

Tax Compliance Made Easy

Document Retention through powerful AI models and OCR. Digitize your documents retention for tax compliance at less cost.

Pain Points Addressed

Things that slow down business processes

What are the common business pain points?

Risk of non-compliance — Revenue Regulations (“RR”) No. 5-2014 states that taxpayers are required to preserve accounting documents for a period of 10 years:

First 5 years: retain hardcopies
Thereafter: may retain electronic copies stored via an Electronic Storage System with indexing.

Manual filing and warehousing of physical documents are both tedious and costly. Physical document losses and damages are also high risks.

Features

Valuable assets to increase ROI

How will it solve your challenge?

Faster processing of receipts/invoices (75% ave. savings VS manual)
Intelligent AI models capture document layout & fields
Intelligent classification and indexing based on document fields
No-code integration with secure file storage systems
HITL: Exceptions handling with machine-learning capabilities

The Platform

Automation Hero goes beyond traditional automation by bringing together several components of process automation into an agile, end-to-end platform that rapidly automates work.

The Third Pillar Difference

We combine innovative solutions from tried and tested providers with our sincere, collaborative approach.

This ensures that we understand and adjust to your unique needs, leading to successful business transformation and growth.

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