EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
Recent Searches
Tax and Finance Operate
EY teams can help you reimagine your tax and finance operating model to keep pace with evolving regulation, technology and talent demands. Constantly adapting your own capabilities is challenging and costly. Instead, with our Tax and Finance Operate (TFO) solution, you can co-source select activities, leveraging our significant investment in technology, people and process.
Direct to your inbox
Find out how we help industry leaders solve their toughest business challenges.
Benefits of the Tax and Finance Operate solution
Tax and finance functions today face dynamic pressures in staying on top of legislative change globally, keeping pace with technology, and attracting and retaining professionals with future-focused skills. These functions face a tall order: do more, and provide more value, with fewer resources and continuing pressure to reduce costs, in a rapidly changing world of risk and regulation. How can they be equipped with digital capabilities that evolve alongside the market, with human help whose talents also must adapt? By establishing a new co-sourcing or outsourced managed services operating model to:
- Manage risk and improve visibility. Standardized workflows and dashboarding will provide you confidence through increased transparency and control over global filing obligations. Real-time dashboards also allow you to monitor and stay abreast of global tax controversy.
- Realize increased value from data. Thanks to structured data, advanced analytics and visualization tools, your data can be transformed into powerful new insights. This transformation allows for your function to provide more strategic value to your organization in a time of greater complexity and disruption.
- Drive innovation, transformation and new ideas. EY professionals who understand your business bring you new perspectives through significant investment in artificial intelligence, machine learning and the EY Global Tax Platform. We work with you to provide a co-source, or outsourced, solution to help you meet your operations transformation needs, providing continuous improvement and innovation.
- Improve efficiencies. Significant investment in leading technology, standardized processes, and service centers of excellence enable activities to be performed more efficiently. Through a co-sourcing managed services relationship, your team can spend more time on strategic developments, such as advising on tax and controversy matters.
The EY and Microsoft Alliance: Tax transformation, solved
Our latest thinking
Why utilities should reimagine their tax and finance functions
Tax and finance functions of power & utility companies can use new operating models, technologies and skills for better results. Here’s how.
The future of AI in Tax: insights and practical considerations for the tax function
In this webcast, panelists discuss AI’s current impact in the tax industry and uncover how AI can potentially deliver tangible value in tax operations.
How will GenAI shape tax and finance transformation?
GenAI may help tax and finance functions struggling with cost, talent and regulatory pressures. Transforming operating models can help integrate it.
Why five years of transforming tax and finance functions is paying off
New tax operating models in the last five years delivered value to businesses, EY survey shows. The next five years will add even more. Read more.
How PE firms are realizing the value of tax and finance operations
Having enjoyed considerable success in recent years, private equity firms are now transforming tax and finance operations to build for the future. Read more.
Debunking 5 myths about remote work and digital nomads
Myths around workforce mobility don’t always stack up to new realities of cross-border work. Learn more.
Why agility is the watchword for tax compliance in the ‘new normal’
Tax compliance teams have learned to be agile during the pandemic. Now they need to carry that forward to meet future challenges.
Four factors driving tax transformation in banks
Across banking and capital markets, organizations are having to find ways to future-proof their tax and finance functions. Read more.
Key Tax and Finance Operate features
Experienced tax and finance professionals
In a world of change, we understand how tax policy works and are attuned to legislative developments wherever you do business. You gain a globally consistent, dedicated client service team committed to the delivery of exceptional client service, and it links to 54,000 EY tax professionals in more than 140 countries. The co-sourcing model helps you retain responsibility for the strategy, policy and accountability of your tax and finance function, while we help you meet all your compliance obligations through managed services.
Transformation aided by innovative tax technology
The EY Global Tax Platform (GTP), powered by Microsoft Azure, shares information in real time, automates and helps to digitally enable processes, allowing tax and finance professionals to reimagine operations through transformation. It provides state-of-the-art technology, via a plug-and-play architecture, that can improve risk management and tax governance through global visibility and control. It also can enhance tax data quality, provide high-value analytics and help identify opportunities.