Solving R & D compliance problems, this platform won praise

Today, when scientific and technological innovation has become the core strategy of the country, R & D investment is a key indicator to measure the innovation vitality of enterprises. However, for many technology-based enterprises, especially Jiangsu enterprises that are densely distributed in the Yangtze River Delta region, how to make every R & D investment "clearly calculated, managed, and used" and transform it into policy preferences and market competitive advantages in a compliant manner is a common management problem. Recently, a R & D fiscal and taxation compliance management platform developed by local enterprises in Jiangsu has attracted attention in the industry because it accurately solves corporate pain points.

The reporter's investigation found that the current technology-based enterprises mainly face three challenges in R & D fiscal and taxation management: first,"management is difficult", R & D projects are advanced in multiple directions, the process is difficult to monitor, and the results are not easy to quantify; second,"collection is difficult", R & D expenses involve labor, materials, depreciation, outsourcing and other aspects. Manual collection requires a lot of work and is prone to errors; Third,"compliance is difficult". Applications for preferential policies such as the identification of high-tech enterprises and super deductions of R & D expenses require detailed and compliant R & D expenses. The data must withstand repeated verification by tax, science and technology departments.

"We used to use Excel to manage R & D projects. When it came to the audit, all the finance and R & D departments worked overtime to find documents and check data everywhere, but mistakes were inevitable." Mr. Wang, the financial director of an intelligent manufacturing company in Zhenjiang, said frankly,"This traditional method can no longer adapt to the requirements of rapid development and compliance supervision of enterprises."

In response to this market demand, Jiangsu Daobo Information Technology Co., Ltd. launched the independently developed "Boyan e-Innovation R & D Financial and Taxation Compliance Management Platform." The platform is positioned as a one-stop solution that aims to break down data barriers between corporate R & D, finance, and taxation. The core of the platform focuses on six major capabilities: full-process project management and control, AI intelligent working hours, automatic collection of R & D expenses, compliance risk control, closed-loop financial vouchers, and multi-caliber one-click issuance.

It is understood that the innovation of this platform lies in the construction of an automatic data flow model with R & D activities as the core. During project execution, all relevant resource consumption (labor, materials, equipment) will be automatically captured and marked as R & D attributes by the system. Through integration with the company's existing information systems, these business data can be automatically and accurately collected under the corresponding R & D projects and expense accounts, and the data required for financial vouchers can be generated in real time, realizing the synchronization of business occurrence and financial bookkeeping.

"This is like equipping a company with a 'full recorder' and a 'smart classifier' for its R & D activities." The technical person in charge of Jiangsu Daobo explained,"Not only does every step have traces to follow, but the costs incurred can also be automatically identified, classified and summarized, completely changing the passive situation of making up accounts after the event." The built-in compliance risk control engine of the platform can also provide real-time early warning of abnormal data (such as excessive cost proportions of non-R & D personnel, unreasonable cost allocation, etc.), helping companies avoid risks in advance.

For the report output issues that companies are most concerned about, the platform can quickly generate reports in different formats and calibers by using its unified data base. Whether it is a special audit report used for the identification of high-tech enterprises, a detailed list of additional deductions for R & D expenses declared to the Taxation Bureau, or a table of R & D activities required by the Statistics Bureau, it can all be generated through one click of the platform, and the data is of the same origin., mutual verification greatly improves work efficiency and the credibility of the data.

As a Jiangsu Province intelligent transformation digital transformation resource pool enterprise and a provincial public service demonstration platform for small and medium-sized enterprises, Jiangsu Daobo is deeply rooted in the local market. Its solution fully absorbs the practical experience of a large number of technology-based enterprises in Jiangsu Province in R & D management and fiscal and tax compliance. The company has more than 60 independent intellectual property rights. The design logic of its "Boyan e-Innovation" platform closely conforms to the requirements of the "Measures for the Identification of High-tech Enterprises" and relevant laws and regulations on taxation, aiming to help enterprises build a set of "traceability, A digital R & D compliance system that can be verified and implemented.

Some industry experts pointed out that with the increasing state's support for scientific and technological innovation and the increasingly standardized supervision, the compliance and auditability of R & D activities have become a solid foundation that enterprises must build. Digital platforms like "Boyan e-Innovation" that deeply integrate project management and fiscal and tax compliance represent an important direction for the upgrading of corporate R & D management. It can not only help enterprises enjoy policy dividends safely and conveniently, but also feed back R & D decisions and improve the efficiency of allocation of innovative resources through data-driven, thereby fundamentally enhancing the core competitiveness of enterprises. For technology-based companies facing the same difficulties in Jiangsu and even the country, the emergence of such professional solutions has undoubtedly provided new ideas to break the situation.