Indirect Tax Edge
Technology that makes indirect tax compliance easier
Insight-driven tax technology
Indirect Tax Edge is a powerful technology solution that helps you manage your global indirect tax compliance with ease and efficiency. It simplifies period-end compliance reporting, data and process quality management, and delivers valuable insights through tax-specific data analytics and dashboards.
With a growing need to “do more with less”, Indirect Tax Edge provides a perfect solution for busy tax functions that require reliable and insight-focused technology.
Indirect Tax Edge is flexible and scalable to adapt to your changing business needs and budgets. What you need today may not be what you need tomorrow, and we recognise that technology solutions need to be agile to suit this dynamic market.
Choose from a range of delivery models, from insourcing to outsourcing to co-sourcing, and benefit from our tools, technologies, and global expertise to further drive improvements and efficiencies.
Why Indirect Tax Edge?
In today's dynamic market, businesses face increasing pressure to manage indirect tax compliance efficiently. Indirect Tax Edge offers a powerful, flexible solution that simplifies compliance reporting, enhances data quality, and provides actionable insights, helping tax functions stay ahead in a rapidly evolving landscape.
For many organisations, meeting filing obligations can often be a time consuming, manual task involving shifting data from accounting systems into Excel spreadsheets where the return is finally prepared.
Indirect Tax Edge automatically prepares the period-end report with data from your finance systems - reducing risk and providing a full audit trail of actions. It features automated analytics and reconciliations and allows you to make line-item adjustments along with workflows that provide full control over signoff.
Real-time reporting is also easily managed directly within Indirect Tax Edge with custom dashboards to manage and understand the status of each of your obligations. A simple submission process sends transactional data to the relevant authorities - with jurisdiction specific data quality checks performed before submission.
Ensuring your data is accurate and ready for reporting is a key factor to ensuring compliance in reporting and providing peace of mind to businesses.
Indirect Tax Edge can offer sophisticated controls testing across 100% of transactional data with over 200 built-in compliance and data quality checks. Built using a signal-based approach Indirect Tax Edge provides a highly accurate exception matching process, resulting in more accurate true positives and less false positive noise - saving time and increasing efficiencies in the review and adjustment process.
Indirect Tax Edge also provides quick identification of the most high risk transactions that can result in under or over payments. The intuitive user interface makes it easy for business users to quickly understand exceptions and smart workflows help the user to verify and make edits as necessary.
Business insights have never been more important. With the increased focus on compliance, it’s crucial for tax and finance teams to understand their data and how it performs in their business.
Indirect Tax Edge provides drill-down visualisation to the underlying ERP transactions and tax calculations. This level of transparency and traceability provides your tax and finance teams with the ability to understand the drivers behind each number - providing greater insight into risk management and wider business processes improvement.
With an intuitive user interface aimed at business users and self-service dashboards to easily explore and extract meaningful insight from tax data, Indirect Tax Edge provides unprecedented visibility and increased transparency into your indirect tax affairs.
Key benefits of Indirect Tax Edge
One application to manage all your global indirect tax compliance needs.
Powerful reconciliation engine which can be configured to reconcile a wide variety of data.
Real-time reporting / e-filing is handled easily within the application.
Over 200 VAT/GST/ Intrastat compliance and quality checks built-in plus custom checks can be created.
Tax specific data analytics that provide valuable insight into your transactional data.
Quickly identify high risk transactions that can result in under or over payments of VAT/GST.
Delivery designed for flexible growth
We recognise that one size doesn’t fit all, so the flexibility of our Indirect Tax compliance support model is tailored to the individual needs of your business. Whichever support option is chosen, we provide implementation support and user training to ensure a smooth transition and help you prepare for tomorrow’s challenges.
Our flexible delivery model, outsource or insource allows you to choose which model best suit your business needs now - but with the ability to easily flex between these models over time as your requirements or organisational priorities change. This gives you the ability to change delivery models without sacrificing quality, process standardisation or control.
Indirect Tax Edge delivers all the features and functionality required to successfully manage your indirect tax compliance and reporting obligations from the one easy-to-use application
Business benefits of Indirect Tax Edge
Indirect Tax Edge enables your tax team to work more efficiently. It removes the common challenges faced by businesses of multiple data sources and varying data quality by centralising your data into an easy-to-use system. Easily deployed into enterprise financial systems with minimal footprint, Indirect Tax Edge allows you to manage all your indirect taxes and compliance obligations and truly understand your indirect tax data from one unified global indirect tax technology solution.
- Improved financial performance
- Reduction in effort
- Improve governance risk and controls
- Business process improvement
- Improve transactional data quality
- Greater visibility and insight into your data
Improved financial performance
- Prevent tax leakage.
- Quicker refunds.
- Detailed trending, variance and reconciliation functionalities.
- Increased transparency for improvement and the identification of tax saving opportunities.
- Address tax exceptions earlier in the business process.
Reduction in effort
- Reduce effort for ongoing checks, rework and internal audits.
- More effective use of existing staff & resources.
- Seamless and automatic flow of source system data to the tax return.
- Streamlined processes to increase efficiencies.
- Intuitive user interface to enable increase usability and efficiency.
- Single solution for effective data management and compliance reporting.
Improve governance risk and controls
- Control your compliance obligations with greater efficiency, accuracy and flexibility.
- Reduced risk, more coverage, delivered globally in a single place.
- Transactional tax dashboards for greater insight into data.
- Automated risk and compliance activities frees up focus for more important business risks.
Business process improvement
- Automated Indirect Tax reporting on a single platform protects integrity of data, lowers the risk of human error and manages data access.
- Complete workflow management.
- Task ownership.
- Automated processes reduce risk and allow your teams to run more efficiently.
- Smart workflows drive corrections from source data.
Improve transactional data quality
- End-to-end process quality and controls testing.
- Automatic data quality checks.
Greater visibility and insight into your data
- Customised dashboards to provide valuable insights to system users and the wider business.
- Detailed trending, variance and reconciliation functionalities.
