NOAH Business Applications

Banks and financial institutions play a vital role in providing an environment conducive to the sustained development of the national economy and the fiduciary nature of it that requires high standards of integrity and performance. In furtherance thereof, the state shall promote and maintain a stable and efficient banking and financial system that is globally competitive, dynamic and responsive to the demands of a developing economy (“Section 2, Republic Act No. 8791”). Consistent with this, RA 11976 also known as Ease of Paying Taxes (EOPT) Act has been enacted with the Bureau of Internal Revenue (BIR) being tasked to simplify tax compliance.

NOAH Business Applications provides end-to-end solutions that meet BIR’s EOPT and EIS standards for reliability, accuracy and efficiency. Banks and financial institutions will comply with BIR EIS requirements if they implement by Q3 2025, ahead of the March 14, 2026 deadline under RR No. 011-2025.

✅ EOPT-Ready
NOAH Financials modules are built to meet the EOPT Law’s digitization and real-time reporting standards, including:

1. Automated tax computations and reports
2. Sales data transmission readiness to BIR EIS portal
3. Readily available BIR forms with printing and email sending to customers
4. Real-time transaction logging and audit trails
5. e-Filing and e-Payment integration

✅ EIS-Integrated
With NOAH Application Programming Interface (API), seamless connection with BIR’s EIS platform is enabled for the real-time or near real-time sales data transmission and for archiving and retrieval of transaction records per regulation.

To fully harness the power of digitalization, NOAH Business Applications also provides comprehensive solutions for Budgeting, Procurement to Payment, Financials and Treasury Management, Compliance Management for Bangko Sentral ng Pilipinas (BSP) and BIR’s Computerized Accounting System (CAS), Financial Consolidation, Cashflow Projection, Real and Other Properties Acquired (ROPA), Corporate General Services, Data Management, Business Intelligence, and Artificial Intelligence (A.I.).

Achieve compliance, efficiency, and sustainability with NOAH Business Applications!

To know more about NOAH Business Applications, feel free to contact Mr. Jeremiah del Rosario at 0917-625-1573, or email him at jdelrosario@fpti.com.ph