Case Study: a leading real estate company achieves accurate VAT filing and process efficiency with Cygnet TaxTech

Developed a centralized data warehouse for a leading real estate company

Cygnet TaxTech worked with a leading real estate company in the UAE that manages a diverse portfolio of offices, retail units, showrooms, and warehouses across Dubai and the Northern Emirates. The customer was struggling with multiple data sources and formats, manual reconciliation of daily transactions, and significant effort for data cleansing and complex apportionment calculations based on floor area.

Cygnet TaxTech designed and developed a centralized data warehouse, integrated the source systems, and connected its ETL tool to automate data extraction, massaging, and VAT filing uploads. The solution also added reporting for transaction counts and automated reconciliation and apportionment reporting, reducing man-hours, improving process efficiency, lowering operational costs, and enabling accurate VAT filing with no scope for errors.