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Tax technology and data
Technology defines and underpins the workings of the new digital tax function, making it possible to answer the mandates of the global digital economy. Managing tax big data enables efficient compliance and provides insights that facilitate strategic business decisions.
What EY can do for you
Connected is the new normal. And that has never been more important to the tax department than it is today. Digital disruption brings global connectedness, linking customers and clients, enterprises with tax authorities, tax functions with enterprise stakeholders, thus shaping new working relationships, business and operating models and driving the move toward a hyper-connected global economy.
Ready or not, the tax function is rapidly becoming digital as well. Your organization must adapt to keep pace with disruptive technologies, increasing digital and regulatory standards, and mandates for reporting and exchanging financial information.
There is an upside to this disruption, which we call Connected Tax. It’s the new paradigm for tax, bolstered by a centralized, well-governed and simplified tax data environment that helps the tax function drive value, manage costs and mitigate risk for the enterprise, whether you are a start-up or a Fortune 100 company.
EY‘s Tax Technology and Transformation (TTT) network is organized to help you navigate the rapid innovation in operations, harness the potential of data, and address the new and unprecedented challenges, risks and opportunities that come with change of this magnitude. We bring together more than 1,000 tax transformation strategists and innovation and technology professionals to help you draft and execute on a Connected Tax operational strategy and from incremental improvements to full-scale transformation.
Custom tax solutions to meet your needs
Dedicated expertise
- Our tax transformation experts and technology professionals help you draft and execute on an effective digital operational strategy.
- Digital tax strategy takes an in-depth look at tax from different angles including a tax department’s fundamental operations.
- With our help, you go from incremental improvements to full-scale transformation.
Leading tools and technology
- From workflow management, process automation for tax provision or compliance, to risk management and beyond – we help implement technology across all domains.
- We can automate your processes through leading RPA (Robotic Process Automation) technologies such Blue Prism, or UiPath.
- Our Tax Management Portal helps you centrally track tasks and manage workflows.
Data management
- Our configurable data solutions (such as Tax Data Sphere) can ingest and map data from various sources to enable automated data validation, processing, and reporting for downstream tax processes.
- We combine tax technical knowledge, large data sets, and leading data visualization tools (such as PowerBI) to help you generate insights that allow you to make real-time decisions.
Customized strategies
- Our teams help assess your tax function and integrate solutions that are fit for purpose.
- Custom solutions that fit your specific needs.
How EY can help
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Our digital tax strategy team can help identify your tax function's leading challenges and develop an enhanced operating model strategy. Find out how.
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Our data analytics professionals can help you manage and leverage big data to gain better visibility into your tax obligations. Find out how.
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Our robotic process automation (RPA) professionals can help your business run its tax processes in a quicker, more streamlined fashion. Find out how.
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