etaily Boosts Efficiency and Tax Compliance with Oracle NetSuite ERP and BIR CAS Integration

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[Press Release]

MANILA, Philippines – etaily, a leading B2B eCommerce enabler in the Philippines, has successfully integrated Oracle NetSuite ERP and Bureau of Internal Revenue Computerized Accounting System (BIR CAS) into its system. This marks a significant milestone in streamlining business processes, ensuring compliance with BIR regulations, and boosting efficiency without interrupting day-to-day operations.

Prior to this integration, etaily had been relying on analog accounting systems that required manual issuance of authority to print (ATP) documents and the upkeep of hard-bound books of accounts. As the organization scaled its revenue almost six times in 2022, this process proved to be challenging. However, with the integration of Oracle NetSuite ERP and BIR CAS, etaily is now empowered to make more timely revenue-driven strategies and decisions.

According to Joscel Delos Cielos, Finance Director of etaily, the system’s scalability and real-time updates provide reliable data reference for business and accounting needs, making it easier to generate, submit, and maintain accurate tax reports and financial records. The embedded tax module in BIR CAS ensures that etaily can comply with the country’s tax regulations and guidelines efficiently.

“We are assured of system security due to an open Application Programming Interface (API) for integration with etaily’s ecosystem of proprietary technologies, enabling a reliable data reference for business and accounting needs,” adds Delos Cielos.

etaily CEO and Co-Founder, Alexander Friedhoff, believes that this integration positions etaily for more reliable solutions to offer in the eCommerce industry. “Having a global brand solution like Oracle NetSuite ERP will allow etaily to be positioned for growth and help future-proof the business.”

With the integration of Oracle NetSuite ERP and BIR CAS, etaily is poised to boost its efficiency, compliance, and position as a leading B2B eCommerce enabler in the Philippines.

For more information on etaily and its services, visit their website or email info@etaily.com.