Constant regulatory change, growing volumes of data, and shrinking financial close windows are growing the demands and pressures on in-house tax professionals. Data tax needs are collected from a multitude of sources, but are often incomplete and inconsistent, requiring hours to prepare for use in tax. Contributing to these pressures is the manual manipulation and validation of data that are used in tax. ONESOURCE data solutions and our unique partnership with Alteryx deliver tools that can be used to take control of data and get in-house tax in order.
Thomson Reuters and Alteryx enable in-house tax to:
- Centralize tax data storage.
- Automate tax data processes with workflows. Rapidly process, cleanse, and enrich tax data using consistent workflows.
- Securely collect and store data for re-use and future tax needs.
- Rapidly process, cleanse, and enrich data.