Tax departments are continually under pressure to do more with less while reacting quickly to ever-changing tax legislation around the world. To keep up, tax departments must modernize their processes and technologies to work more strategically and drive more value to the business.
Cloud for Tax combines PwC’s tax capabilities, services, and technology experience with Microsoft’s state-of-the-art cloud solutions to help you get the most value out of your data and technology to meet today’s complex needs. Leveraging Microsoft Azure, Power BI, Microsoft 365 and Power Platform, your company’s tax department can integrate disparate data to create a single source of truth, allowing you to easily share data with key stakeholders, manage reporting obligations and enhance decision making. Cloud for Tax ultimately allows you and your team to work more effectively, efficiently and strategically, all while maintaining your data and documentation in-house.
We work alongside you to analyze and assess your tax department’s business and technology needs, including integration with existing tax software investments. By deploying common data models, standardized blueprints and templates, we can help accelerate your implementation and time to value.
By leveraging Microsoft cloud solutions, our Cloud for Tax services can help tax departments with:
Create a centralized source of truth for structured and unstructured data. Harmonize on a common data model for global tax reporting, compliance and analytics.
Share and easily search files, retain documents for audit, employ version control and seamlessly integrate collaboration tools into workflows.
Augment and eliminate manual tax reporting and compliance tasks with configurable workflows, integrations, and user-friendly interfaces.
Get a new real-time look into your tax data through integrated workpapers and calculation models for review and scenario planning.