PwC’s Research Credit Solution (RCS) helps companies calculate and document R&D credits while working remotely

With so many employees working remotely due to the pandemic, do you have a technology solution that enables you to efficiently calculate and document your R&D credits?

R&D tax credit projects have always been complex and typically include numerous detailed discussions of technical matters. Not being able to meet together in person due to the global pandemic has the potential to make these projects more difficult to complete.

With the level of disruption impacting how we work, it’s worth considering whether now is a good time to switch your R&D tax credit process to a more digital approach.

Our clients are telling us they want us to be efficient when gathering information remotely. That’s one of the reasons we created RCS, an easy-to-use web-based application designed for remote collaboration.

RCS helps teams work remotely in a few ways:

• Login when you want - Subject matter experts (SMEs) can log in to RCS to complete surveys on their schedule.
• Real time dashboards - Tax team leaders can monitor project progress live.
• Efficient survey meetings - RCS surveys can be screen shared remotely, filled out collaboratively, and results updated immediately to the dashboards.

Unlike manual, traditional processes involving Excel surveys and considerable back-and-forth emails (which can often lead to frustration, confusion and inefficiency), RCS brings the whole project together in one place.

Technology is keeping us connected and collaborative during the pandemic. Now that R&D credit projects are being conducted remotely, consider a tool designed for remote collaboration - RCS.

Book a demo today. Also, check out this short RCS intro on YouTube.