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Tax technology under the spotlight at Deloitte summit

One-day event focuses on latest technology trends to help improve compliance

Johannesburg, May 2012 - Tax technology is a rapidly changing area of tax tracking and recording for companies. Financial and information managers have to keep abreast of trends that can help their companies improve tax compliance while maintaining the integrity of their tax recording and payment systems.

Companies are increasingly opting for fully automated tax systems, while also debating whether to keep the tax function in-house or to outsource it to a specialist tax services firm. The Deloitte Tax Technology Summit is an ideal platform to get a comprehensive overview of the latest trends in tax technology.

The full-day summit takes place on May 24, at the Deloitte offices in Woodmead, Johannesburg. Aptly titled Breaking New Ground, it is presented in collaboration with newswire and information service Thomson Reuters. Local and International Tax and Technology experts will show delegates how to unlock tax value through their Enterprise Resource Planning (ERP) systems, identify tax spreadsheet improvements and the business benefits of tax data analytics. Experts from Deloitte will include Tax Technology Lead Clinton Eidelman, Adrian Adams, an expert on tax data analytics, Rachel Taylor, Tax-optimised ERP specialist from Deloitte, UK and Jennifer Deutsch, Tax Management Consultant Partner.

The event will be divided into two interactive sessions.

The morning session will cover a range of pertinent topics, starting with global and local trends in tax and finance transformation, followed by a comparative analysis of tax compliance outsourcing, or co-sourcing,. Rachel Taylor will focus on unlocking tax value from ERP systems. The session will conclude with a focus on tax software engines that improve efficiency which combines in-house with an external partner.

The afternoon session will be presented as a selection of breakout sessions with practical, hands-on demonstrations and discussions, including a review of Thomson Reuters’s One-source Indirect system. Thomson Reuters’ solutions fall into three categories; information, software and services, and are delivered by a global network of sales, service and support professionals.

There will be a session on tax data analytics led by Adrian Adams. Summit delegates can choose to be shown how to tax-enable their ERP systems or they can opt to focus on the latest in tax spreadsheet services.

The summit will help tax professionals to better understand how correct use of tax technology can improve efficiency in a key area of their finance department.

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