Nexdigm Launches ERT, its First Licensed Technology Solution, to Simplify Foreign Remittance Compliance
Nexdigm,
a leading Indian-origin professional services and business consulting
organization, today announced the launch of ERT (Easy Remittance Tool), its first licensed technology solution for
corporates. ERT simplifies and streamlines foreign
remittance compliance for organizations managing cross-border transactions.
Purpose-built digital platform helps organizations streamline Indian foreign
remittance compliance through a unified compliance workflow, process
automation, and stronger governance.
As businesses continue to expand their global
footprint, foreign remittance compliance has become increasingly complex.
Organizations making payments outside India must manage tax documentation,
certifications, approvals, and regulatory submissions throughout the remittance
process. Coordinating these requirements across multiple stakeholders and
managing extensive documentation through emails, spreadsheets, and fragmented
communication channels can create operational inefficiencies, limited
visibility, and increased compliance risks.
ERT was developed by Nexdigm's international tax
and regulatory specialists, drawing on decades of professional services
experience. ERT brings domain expertise and technology together to address this
documentation-intensive area of cross-border business operations.
ERT digitizes and standardizes the end-to-end
compliance lifecycle, enabling organizations to manage Form 145 and Form 146
requirements prescribed under India's Income-tax framework for foreign
remittances through a structured workflow. The platform brings finance teams,
tax professionals, business stakeholders, and Chartered Accountants together on
a single system, providing
· Centralized
documentation
· Real-time
status tracking
· Role-based
access controls
· Audit-ready
records and comprehensive audit trails
· Enhanced
visibility across the compliance lifecycle
ERT is available as a standalone solution or
alongside Nexdigm's advisory and managed services support, and can be deployed
within an organization's existing compliance ecosystem.
The launch represents an important milestone in
Nexdigm's journey from being technology-enabled to becoming increasingly
technology-led, reflecting the firm's broader push to convert client-facing
expertise into scalable, licensable technology products.
“ERT represents our ability to translate the
expertise and insights built over decades of client engagement into scalable
technology solutions that address real business needs. It is designed to align
with our clients' evolving needs and to strengthen the value we deliver as
their business environments grow more complex. ERT marks an important step in
extending this approach across Nexdigm’s growth and client proposition,” Mayank Lakhani –
Co-CEO, Nexdigm.
“Foreign remittance compliance involves multiple
forms, stakeholders, approvals, and supporting documents. The compliance
complexity increases with transaction volume. ERT consolidates these
requirements into a single, structured process, enabling greater consistency,
reduced manual intervention, and stronger oversight. The solution is designed
to make the overall remittance process simpler, more controlled, and more
efficient to execute,” Maulik Doshi, Managing Director – Direct Tax,
Nexdigm.































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