Navigating the intricate maze of the corporate tax provision process is complicated. With tight timelines and magnified scrutiny, any misstep could spell inaccuracies and potential control failures. Although many companies kick off their tax provision calculations in Excel, it does not easily adapt to the common factors that complicate the provision process, such as adding new jurisdictions or legal entities, making last-minute changes, or incorporating tax law changes.
Selecting the right tax provision software is a crucial decision that can significantly influence the efficiency and accuracy of your tax processes. Download this guide to help you make an informed choice and ensure you're asking the right questions, including:
- Demonstrating why it's time to rethink your provision process
- Showing a step-by-step process for evaluating tax provision software
- Questions to ask of the software providers you're evaluating
- Providing recommendations to help you build the business case