TaxProof offers a solution for easing the tax accounting-related workflows for companies ranging from small to large-cap, while reducing the operational costs and risks.
Accountability of taxes starts with efficient tax accounting
Focus on harnessing your tax data and uncover critical insights that will support strategic decision-making within your direct tax control framework. Streamline your tax activities and gain more confidence in your data.
Tax accounting made easy in a step-by-step manner
TaxProof funnels and simplifies the key steps involved in the tax accounting process, such as data gathering, data entries, audit trailing, consolidation, and easy updating, allowing you to focus on the most important part of the process, which is the tax position analysis.
- The UI/UX is available for finance professionals that are not tax professionals and vice versa
- Reporting packs that are adapted to the complexity of the entity
- Flexible help & an audit trail functionality
Reduce the risk of human error
The way that TaxProof is set up enforces consistency and education, while reducing the risk of human error. TaxProof also provides continuous oversights of the status, users, and the tax position at both the reporting entity as well as consolidation levels.
- Various workflow features to manage statuses and users
- Automatic data roll forwards and FX conversions
- Positions from prior periods are locked
- Continuous monitoring of the tax position impact
Data entry, assessment and reporting in one environment
Replacement of complex Excel-based spreadsheets and manual labor by smart data collection, assessment, reporting and analytics features.
- Data can be imported through smart Excel plug-ins or APIs
- Data can be extracted for connections to other technologies
- Knowledge management
- Extensive audit trail functionality
- Build-in possibility to communicate between users within the system
TaxProof has the features your business needs
Scale-up your business, increase productivity, and keep your teams connected. Access more information and compare the features of our packages via the button below.
Kickstart the next phase of your compliance strategy
If you have any questions about TaxProof itself, or if you would like to discuss your current compliance process, our tax and IT professionals are here to help. Book a demo/introduction meeting: