Last May 12, 2017 – Infomax marked its 8th Annual Solutions Update with a theme of “Be Prepared, Be Compliant with BIR RR 5-2014” held at The Discovery Primea, Makati City. The main objective of the event was to stimulate awareness and give solutions that will help them be a “Good Compliant” with the said government ruling. The BIR Revenue Regulation also known as “Preservation of Books of Accounts and Other Accounting Records” wherein the taxpayer must retain their books of accounts and other accounting records for 10 years after the date of filing of corresponding tax returns. The regulation also requires the company to have an Electronic Storage System that can store, index, preserve, retrieve and reproduce electronically the stored images of the hard copy.
We invited Atty. Beverly S. Milo - Head Revenue Executive Assistant, of Bureau of Internal Revenue (BIR) to discuss the implications in complying with the RR 5-2014. All attendees find her topic really interesting and straight forward. The regulation stipulates that a company should possess an Electronic Storage System to be able to comply and that’s how Infomax shared its software solutions. Solutions Architect Team Lead, Mr. Ferdinand “Ferdie” Bautista presented the solutions that will support the regulation, which is M-Files. M-Files is a Document management solutions providing quick and easy access to the right content from any core business system and device.
Aside from this topic, we presented new updates of our locally developed software, INFOSUITE (InfoTrack, InfoAsset and InfoCapture). Sales Team Lead – Cross Industry Mr. Michael E. Feliciano talked about Infotrack. InfoTrack is a web-based solution that allows you to track physical document/folder/box from registration to disposal as it moves within the organization or outside your organization. Accounting Officer - Ms. Divine A. Cacnio, a user of InfoAsset gave the newest updates of InfoAsset. InfoAsset is a full web-based asset management solution dedicated to provide your company an accurate fixed asset inventory. And last but not the least, InfoCapture Web a cloud-ready scanning solution which will enable businesses to convert physical documents to digital format. Solutions Architect Associate, Mr. Jj S. Franco shows the recent information and the roadmap of InfoCapture.
The event was field with freshest updates and opportunities. For more information or request for a demo, you may email our Marketing at email@example.com to assist you further.