Staying Ahead of Global Tax Changes

Tax changes won’t be slowing down, and you can’t afford to fall behind. Let us help you stay on top of indirect taxes, in real time, wherever in the world they happen.

A Comprehensive Tax Engine

Our research is derived from the latest information from more than 175 countries. That's a depth and breadth of coverage no one else offers. It means a host of details we worry about so that you don't have to.

Integration with Your ERP's

It's a world-class tax engine that speaks to your existing software. We provide seamless integration with Oracle's E-Business Suite, SAP Solutions, and all major ERP business applications, while our Web Services allow for SOA based integrations with any of your business' specific financial applications.

The Speed (and Flexibility) You Need

Expanding overseas or acquiring a foreign competitor? As market demands change you need to respond fast to stay competitive, without compliance headaches. With ONESOURCE Indirect Tax you'll be up and running with that country's tax requirements in no time at all.

Accuracy When It Matters Most

Disparate systems and Manual entry is a recipe for mistakes. The more numbers, and the more people handling them, the higher the chance that your reporting will contain errors—especially when the information travels across national boundaries. As a seamless, end-to-end solution, ONESOURCE Indirect Tax helps assure you pay the right amount, each and every time.

Maximum Control

With piecemeal solutions, the departure of a single employee can create a logistical hazard if he or she owned part of the process. With Indirect Tax, all of your data sources connect back to a single data engine, with maximum visibility and ease of use.

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The power to stay ahead of transaction taxes

Deciphering tax policies of countries around the world would be challenging enough if tax codes stayed the same from year to year. But in 2011 alone global companies grappled with some 3,000 changes around the world in value-added taxes (VAT), sales and use taxes, and other forms of indirect taxes. And as cash-strapped countries seek additional revenue to meet fiscal challenges, the pace of change and the complexities of those changes are only likely to increase. At the top of their list are indirect taxes such as VATs, which, considering the thousands of transactions taking place in any major firm, and dozens of currencies involved, can create a logistical nightmare. As just the latest example China, the world’s second largest economy, is in the process of rolling out a broad new VAT program.

In today’s environment, even the most sophisticated enterprise resource planning (ERP) software systems, not to mention your tax department and the IT professionals who support them, can easily be overwhelmed. The fact is, ERP systems aren’t designed for this purpose, and can’t handle that kind of pressure. Many companies try to compensate with complicated manual processes that tie up work hours and can inevitably lead to higher costs, greater inefficiencies, and costly errors. Look at it this way: Every hour your in-house staff devotes to data entry and chasing down details is an hour diverted from looking at the big picture, assessing the impact of your overall tax exposure on your key business strategies.

What if you could find a partner to do the heavy lifting on all those small but important details? What if that partner relentlessly combed the world for changes in tax law and regulation, integrating new information into your data processing so you don’t have to? That’s what ONESOURCE Indirect Tax is all about. Our tax experts routinely monitor more than 175 countries and automatically updating the system each month so that all of your operations reflect the latest changes. This automated tax engine is designed to integrate seamlessly with your ERPs, giving all of your departments across the world access to the same clear, streamlined, accurate information.

In a global economy, you need the freedom to pursue opportunities wherever they arise. With end-to-end support, from transaction to reporting, ONESOURCE Indirect Tax is there, no matter where you roam.