Streamline

Eliminate spreadsheets and disconnected point solutions. Automate and streamline tax provision data flows and reporting.

Improve

Report consolidated and statutory Effective Tax Rate (ETR), generate footnotes and management reporting.

Control

Align data and minimize reconciliation, automate reporting and export data to tax compliance systems. Leverage OneStream platform capabilities such as workflows, data auditability and confirmation rules. Tax can control its own data and process separate from Finance, and at the same time has access to finance data when required.

Unified Data Collection

• Automate and streamline tax data collection and validation and ensure consistency in tax calculations.
• Leverage the same trial balance load for tax provisioning as for financial reporting.
• Collect supplemental data through standardized data entry forms using a single point of entry.
• Apply standard repeatable tax provision calculations that can be extended to suit your company’s needs.

Data Alignment and Validation

• Leverage a unified platform to minimize reconciliations. Automate reporting and export data to tax compliance systems.
• Configurable input forms for tax rates, payments, and refunds, tax attribute detail, return to provision, current provision, deferred tax roll-forward, and tax account reconciliation.
• Data exportable to tax compliance systems and importable from tax compliance to facilitate the return to provision true-up.

Reporting & Analytics:

• Unify financial & operational insights to drive performance and deliver value. Deliver the right information, in the right format, at the right time.
• Configurable dashboard visualizations to provide deep analysis of ESG data and turn it into valuable information and insights.
• Ad Hoc Analysis via Excel & in-built Spreadsheet Component and pivot grids.
• Integration with MS Office products – produce & distribute ESG PowerPoint packs, Word Docs and pdfs with ease.
• Data Blending supports reporting on high volumes of non-financial data.