BI dashboard for evaluating and monitoring tax-related processes.
Specific and complex transactions complicate the correct VAT treatment.
Cross-border business entails extra tax obligations and risks.
Ever-changing supply chains, outdated tax determination processes, limited personnel resources and lacking information make it difficult for tax and finance functions to ensure correct VAT treatment and reporting.
VAT transactions are often great in number. Even a small error can have a major effect, not only in terms of tax payments, interest and fines but also in terms of personal consequences for the legal representatives of the company. Unfortunately, even honest, law abiding companies and their CEOs, CFOs and other persons in charge with taxes may suddenly find themselves subject to investigations.
With TAX-Ray, KMLZ offers a convenient BI solution for the automated evaluation and monitoring of tax transactions in various ERP systems. TAX-Ray can be implemented and used in various BI systems such as SAP BW, SAC and PowerBI.
BI solution for analyzing tax-related processes within the ERP system
Support for the tax department in preparing the VAT return
Reduction of manual review effort
Implementation of TCMS supported by IT-based controls
