Fintech
Transforming GST Compliance with AI Technology
We collaborated with Finkraft, an automated SaaS platform designed to help corporations minimize the time and effort required to claim maximum Input Tax Credit (ITC). Our mission was to digitize and streamline their GST reconciliation process by creating a detailed prototype for their tech team to develop. For confidentiality reasons, a holistic version of the product has been shared to protect the privacy and operational style of our client.
The challenge was multifaceted, requiring an intricate understanding of both financial operations and user experience. Our initial proposal, which seamlessly blended these elements, set the stage for a close and effective collaboration.
![Finkraft Dashboard image](https://cdn.prod.website-files.com/65f4bc22cc81108a78a82a3f/668f049eb8e99248a487f645_fin1.webp)
![Finkraft services - Hotel section image](https://cdn.prod.website-files.com/65f4bc22cc81108a78a82a3f/668f87ac1dc0ccd704f56743_Component%2014.webp)
![Finkraft services - Airlines section image](https://cdn.prod.website-files.com/65f4bc22cc81108a78a82a3f/668f87ac6a83fddb18e4f51f_Component%2017.webp)
![Finkraft services - Vendors section image](https://cdn.prod.website-files.com/65f4bc22cc81108a78a82a3f/668f87ac2d887504a5d78272_Component%2018.webp)
![Finkraft services - Qatar invoice section image](https://cdn.prod.website-files.com/65f4bc22cc81108a78a82a3f/668f87ad45759fc288f9aed1_Component%2019.webp)
![Finkraft invoice section image](https://cdn.prod.website-files.com/65f4bc22cc81108a78a82a3f/668f886e3a4db2a0e1123928_Frame%201321315809.webp)
![Finkraft invoice section image](https://cdn.prod.website-files.com/65f4bc22cc81108a78a82a3f/668f8882c8242f7cce67d15c_image%20239.webp)
We started by envisioning user journeys with a Go-to-Market (GTM) strategy focused on offering solutions to the accounts and financial teams of large enterprises operating in India. Recognizing that travel booking invoices were particularly challenging and time-consuming for these teams, our GTM messaging emphasized the capability to reconcile travel invoices at scale.
![Finkraft - Login page](https://cdn.prod.website-files.com/65f4bc22cc81108a78a82a3f/668f965fad31a3e2bf76b9dc_image%20240.webp)
![Finkraft - new customer or old customer related image](https://cdn.prod.website-files.com/65f4bc22cc81108a78a82a3f/668f969a462592963805fe6c_image%20241.webp)
![Finkraft Files storage image](https://cdn.prod.website-files.com/65f4bc22cc81108a78a82a3f/668f9809b7f734756c89f3dc_image%20242.webp)
![Finkraft Files storage image](https://cdn.prod.website-files.com/65f4bc22cc81108a78a82a3f/668f98070685c8c467b7578b_image%20243.webp)
![Finkraft - QR/OCR Detection related image](https://cdn.prod.website-files.com/65f4bc22cc81108a78a82a3f/668f98089ec6f7338ae36715_image%20244.webp)
![Finkraft invoice section image](https://cdn.prod.website-files.com/65f4bc22cc81108a78a82a3f/668f98a35e7b62b9bf571e8c_image%20245.webp)
![Finkraft - Airline - GST reco report image](https://cdn.prod.website-files.com/65f4bc22cc81108a78a82a3f/668f9958f7007c561424a5e6_image%20246.webp)
We designed various reconciliation environments to help stakeholders visualize how each setting would serve as the foundation for the reconciliation process. This base was crafted to be highly adaptable, allowing for seamless sharing and collaboration among multiple stakeholders involved in the GTM journey.
![Finkraft recon report section image](https://cdn.prod.website-files.com/65f4bc22cc81108a78a82a3f/668f99af997dc812cbf127b5_image%20248.webp)
Adopting an unconventional yet effective approach, we developed a prototype that showcased all core actions and insights. This prototype was more than a visual tool; it served as the blueprint for the product, illustrating its functionality and usability in a tangible way
![Finkraft Qatar Airways - Reco file image](https://cdn.prod.website-files.com/65f4bc22cc81108a78a82a3f/668f99fd77741f9b474d00f5_image%20249.webp)
Our collaboration with Finkraft resulted in a robust prototype that effectively streamlined the GST reconciliation process. The solution addressed the pain points of travel invoice reconciliation at scale, offering a clear path for the tech team to develop a functional product. The project underscored our ability to blend financial expertise with user-centric design, delivering a solution that met the complex needs of large enterprises.