Properly Structuring Data for Tax Provision

Tax provisioning is a straightforward calculation of a company’s tax exposure on current income and its estimated tax exposure on future income. For most companies, this is a tremendous data challenge. Manual data entry is a fact of life in tax, but best-in-class companies are striving to automate this process wherever they can to reduce cost and risk and improve information access. The importance of accurate, real-time tax provisioning and the resulting data burden is only accelerating. If a company is growing, then its tax provisioning needs are becoming inherently more complex and therefore require automation. Download our free white paper to see how you can speed your tax provisioning process.

 
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