Kanoo Consulting Services (KCS), an Oracle Gold partner and the specialized consulting practice of Ebrahim Khalil Kanoo, participated in the VAT forum in Bahrain, recently hosted by the Middle East Oracle User Group (MEOUG).

MEOUG is an Independent Oracle user group, which aims to provide its members with access to the worldwide Oracle community.

The MEOUG VAT forum aims to influence participants’ views on maintaining a competitive advantage and remain up to date with the latest GCC VAT news and developments across the region, connect with regional experts from across the region to exchange knowledge and benchmark corporate strategies against newly developed tax strategies.

Director of the Bahrain chapter of MEOUG Jawed Akhtar mentioned that being an Independent Oracle User Group, MEOUG aims to be a platform that brings together Oracle users across the Middle East in direct contact with Oracle executives and support Identifiers.

“The Middle East region has some award winning Oracle implementations and we want to showcase these successes achieved by Oracle users. We hope to guide Users to maximize their returns on Oracle investments, through conferences, education and various networking opportunities,” he said.

KCS consultants presented a segment on “VAT in Oracle”, shedding light on the upcoming Value Added Tax (VAT) that shall be applicable to all organization in the near future, and the challenges that lie in implementing the VAT on the Oracle System.

KCS delivery manger Anish Daniel also presented on the aspects of how the SME sector can take advantage of the easy to deploy and VAT-ready Oracle Financials Cloud which makes it very easy for the organization to continue doing business and not worry about VAT readiness.

Oracle Technology territory manager Faisal Al Snan presented on how technology on the cloud can enhance the level of business done and at the same time provide the needed security using various product offerings from the Oracle technology stack. – TradeArabia News Service