SOFTWARE
AND TOOLS

CMP Dialogues: Elevating Excellence (preview 2mins)

Suvit: AI-Driven Accounting Automation Tool available at discounted rates for Members of ICAI
Image

About

Suvit is an AI-powered accounting and audit automation platform developed by Suvit.io. It streamlines financial processes for Chartered Accountants and firms by automating data entry, GST reconciliation, and reporting, ensuring accurate compliance and efficiency. It integrates seamlessly with tools like Tally to enhance practice management.

Key Features

  • Data Entry Automation: Automates entry from all banks, sales/purchase transactions, master ledgers, and GST data, supporting formats like PDF, images, Excel, CSV, and API.
  • AI-Based GST Reconciliation: Includes GSTR-1 Reconciliation, GSTR-2A/2B Reconciliation, Eligible ITC Report, GST Analysis Report, and GST Health Report; also supports GST return filing.
  • Integrations: Compatible with Tally (via API), Busy, all major banks (e.g., HDFC, ICICI, SBI), and GSN (Goods and Services Network) for seamless data import/export.
  • Report & Analytics: Generates comprehensive financial reports, analytics, and CAGPT (AI-driven assistance for queries).
  • Document & Client Management: Organizes documents, manages client data, and provides workflow visibility.
  • Additional Tools: Banking automation, sales/purchase ledger management, and Excel/CSV export options.

Benefits

  • Efficiency Boost: Automates routine tasks, saving 1.9M+ hours and reducing manual data entry errors.
  • Accuracy & Compliance: Ensures precise GST reconciliation and health reports, minimizing compliance risks and unlocking eligible ITC.
  • Productivity Enhancement: Streamlines workflows for solo practitioners or firms, allowing focus on high-value advisory services.
  • Scalability: Supports growing practices with centralized data management and real-time analytics, trusted by 25K+ users and 4K+ CAs.
  • Seamless Experience: Paperless operations and quick setups improve client service and firm growth.

Discounted Pricing for ICAI Members

  • This software is available at 50% discount for ICAI members.

How to Avail the Services

  • Registration Steps:
    1. Members may please visit https://cmpbenefits.icai.org/ac-automation-suvit-software/  or scan the QR code on the Brochure.
    2. Provide ICAI membership details for verification and sign up to apply the 50% discount.
    3. Complete onboarding with free setup assistance for Tally/bank integrations.

Please click here to avail this offer ( https://www.suvit.io/cmp-benefits-for-ca)

Contact Information

Disclaimer:
ICAI, through CMP, acts solely as a facilitator for these initiatives. All services are delivered directly by respective providers. It does not endorse or guarantee the quality, reliability, or accuracy of these offerings. Members are advised to exercise independent judgment and due diligence before availing any product or service. ICAI shall not be liable for any loss or damage arising from their use.