Success Story | Nakheel
How Azdan Helped Nakheel Automate their VAT Reporting Process
Nakheel is a leading Dubai-based developer known for iconic projects, including master communities, residential properties, retail outlets, and leisure destinations. Their waterfront developments, like Palm Jumeirah, have extended Dubai's coastline by over 300 kilometers, with seafront homes, resorts, hotels, and attractions.
Their expansive master developments cover 15,000 hectares, accommodating nearly 300,000 people, and offering diverse destinations and facilities for residents and tourists. Their Malls operates six million square feet of retail space, featuring popular shopping malls, dining, entertainment venues, and their Pavilions.
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- Azdan consultants implemented a supplemental data management tool, creating a centralized repository for manual input:
They witnessed improvements in its tax process through the implementation of a configurable task management and calendaring framework.
The new framework is seamlessly integrated with finance systems, enhancing efficiency and accuracy.
The tax process optimization resulted in a 30% reduction in manual errors.
They experienced streamlined operations and improved compliance through the centralized repository.
The configurable task management and calendaring framework saved time and increased productivity by 25%.