tax accounting & Reporting
Due to international transparency rules, the increase of scrutiny and the extreme increase in available data, the need for tax and automation becomes bigger by the day. Companies face challenges like:
- Time pressure
- Dependency on Finance department (closing of the books leading for Tax departure)
- Key man dependency (process as well as content)
- Lack of knowledge in the countries
- Lack of consistency/ validation of the data
- Lack of centralization, standardization and automation
- Error prone process executed through traditional channels (Excel driven, Outlook driven and manual processes)
- Primary focus on producing instead of analyzing and acting
From our experience (on assisting during the quarterclose of many multinationals) this process can really benefit from the right automation.
ATC Approach
Current process
We analyze your current process (ERP data and all your country specific tax packs) to determine the scope, improvements and potential country specific customizations.
Content & Framework
Depending on your requirements and the analyzed information, content & data, we can determine whether we leverage our platform agnostic tax reporting solution or improve your current process.
Through a vendor selection in combination with our experience as a Certified implementer we can select the right solution.
Lift, improve and Automate
When the decision for a specific solution or approach has been made, we can standardize, automate and execute your current process in the chosen environment.
With the right training and change management we enable you to expand and maintain the solution in-house and decrease the dependency of a consultancy firm.
Toolbox
Advance tax reporting solution
Connect directly from source systems to reports with Wdata. Combine, enrich, explore, discover and deliver valuable insights along the way.
Workiva
Connect directly from source systems to reports with Wdata. Combine, enrich, explore, discover and deliver valuable insights along the way.
Thomson reuters dataflow
Tax data management software to help you standardise, organise and optimise your data
Onestream
The Tax Reporting Module including Pillar 2 streamlines the financial processes with the pressing tax reporting processes.
