Tax & Accounting Blog

Industry Leaders Talk Data Management in Pittsburgh

Audit Assistance, Best Practices, Compliance, Forecasting, Global Tax Compliance, ONESOURCE, R&D Tax Credit, Tax Provision, US Income Tax Compliance, WorkFlow Manager, Year End June 7, 2012
I recently caught up with 25 senior tax professionals from the Pittsburgh business community to gain valuable insight through interaction.  During the roundtable, top tax professionals shared their challenges with technology and the gaps that exist in streamlining the data management aspect of their day to day tasks.

This interactive corporate tax discussion brought together professionals representing a diverse range of departments from the Pittsburgh area. A  full range of tax topics were covered, including:

  • Ways to improve controls
  • Strategies to shorten the time necessary to close filings
  • Best practices on data management, and
  • Ideas on re-engineering how tax departments operate

One of the challenges addressed included shortening the financial close.  Attendees learned from a panel of top tax professionals how they’ve leveraged software to reduce long hours – through better utilization of people, process and technology. Another area of discussion was the impact of employee turnover to a company’s tax department. Often, this creates issues with managing data including knowing the status of tax packages and locating information. The tax professionals at this event addressed strategies to centralize data and leverage transformational tools to improve data and process management so that teams can be better aligned.

If you attended this event and have some feedback, feel free to comment below! To join peers facing the same challenges as you, contact heather.daugherty@thomsonreuters.com.

Kansas City
Date: Thursday, June 7, 2012
Time:11:30 AM – 2:00 PM CT
Address:
BRIO
Country Club Plaza
502 Nichols Drive
Kansas City, MO 64112
 
Denver
Date: Tuesday, June 19, 201
Time:11:30 AM – 1:30 PM MT
 Address:
Maggiano’s
500 16th St, Ste. 150, Pavilions Mall
Denver, CO 80202
 
New York
Date: Thursday, June 21, 2012
Time:11:30 AM – 2:00 PM ET
Address:
Ruth’s Chris Steakhouse
148 West 51st Street
New York, NY 10019