The Times Australia
Mirvac Harbourside
News From Asia

.

Counto Earns ASR+ Tier 3 Status, Redefining Accounting & Tax Services with AI Software

SINGAPORE - Media OutReach - 7 February 2023 - Counto, a Singapore-based finance back-office service platform, has achieved Tier 3 accreditation on IRAS’ Accounting Software Register Plus (ASR+) listing.

The integrated software offers a wide range of features, such as the ability to submit Corporate Income Tax Returns (Form C-S) and GST Returns (F5, F8).

One of the core benefits of Counto's Tier 3 status is the company’s ability to provide seamless tax filing services to IRAS. This gives businesses an option to outsource their tax filings to an integrated financial solution with ease and at a lower cost compared to traditional offerings.

Designed to be a one-stop finance solution providing accounting services for small businesses, Counto is one of the few accounting providers in Singapore that is invested in machine learning and artificial intelligence (AI) for accounting, bookkeeping, and tax services. It uses AI technology to automate certain accounting tasks, such as gathering and analysing data from clients’ businesses and allowing its accountants to focus on higher-value activities, thus saving time and resources.

Counto’s AI-powered platform has been designed to assist accountants with daily routines such as data entry, report creation, and bookkeeping tasks. It also enables clients to upload relevant invoices and data from their businesses to Counto’s platform. The system will immediately analyse the data, categorise them into folders, auto-create payment drafts to suppliers, and more.

Clients of Counto are also able to sync their bank accounts and link other platforms to the system without worrying about reporting inaccuracies or gaps. As a fintech startup, Counto uses a technology-first approach to offer accounting and bookkeeping services, corporate secretarial services, as well as business registration services — all of which aim to help companies maximise their output and focus on growing their business.

Counto is also exploring advanced technologies to provide clients with more accurate and speedy results. By embracing AI, Counto aims to further enhance the precision and efficiency of its corporate tax filing services. Future goals include expanding in Asia and the United Kingdom.

For more information on Counto, please visit https://mycounto.com/.
Hashtag: #Counto #Business #Technology #Finance

The issuer is solely responsible for the content of this announcement.

Mirvac Harbourside

Times Magazine

YepAI Joins Victoria's AI Trade Mission to Singapore for Big Data & AI World Asia 2025

YepAI, a Melbourne-based leader in enterprise artificial intelligence solutions, announced today...

Building a Strong Online Presence with Katoomba Web Design

Katoomba web design is more than just creating a website that looks good—it’s about building an onli...

September Sunset Polo

International Polo Tour To Bridge Historic Sport, Life-Changing Philanthropy, and Breath-Taking Beau...

5 Ways Microsoft Fabric Simplifies Your Data Analytics Workflow

In today's data-driven world, businesses are constantly seeking ways to streamline their data anal...

7 Questions to Ask Before You Sign IT Support Companies in Sydney

Choosing an IT partner can feel like buying an insurance policy you hope you never need. The right c...

Choosing the Right Legal Aid Lawyer in Sutherland Shire: Key Considerations

Legal aid services play an essential role in ensuring access to justice for all. For people in t...

The Times Features

Macquarie Bank Democratises Agentic AI, Scaling Customer Innovation with Gemini Enterprise

Macquarie’s Banking and Financial Services group (Macquarie Bank), in collaboration with Google ...

Do kids really need vitamin supplements?

Walk down the health aisle of any supermarket and you’ll see shelves lined with brightly packa...

Why is it so shameful to have missing or damaged teeth?

When your teeth and gums are in good condition, you might not even notice their impact on your...

Australian travellers at risk of ATM fee rip-offs according to new data from Wise

Wise, the global technology company building the smartest way to spend and manage money internat...

Does ‘fasted’ cardio help you lose weight? Here’s the science

Every few years, the concept of fasted exercise training pops up all over social media. Faste...

How Music and Culture Are Shaping Family Road Trips in Australia

School holiday season is here, and Aussies aren’t just hitting the road - they’re following the musi...

The Role of Spinal Physiotherapy in Recovery and Long-Term Wellbeing

Back pain and spinal conditions are among the most common reasons people seek medical support, oft...

Italian Lamb Ragu Recipe: The Best Ragù di Agnello for Pasta

Ciao! It’s Friday night, and the weekend is calling for a little Italian magic. What’s better than t...

It’s OK to use paracetamol in pregnancy. Here’s what the science says about the link with autism

United States President Donald Trump has urged pregnant women[1] to avoid paracetamol except in ...