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Indirect Tax Compliance Tool

Improving efficiency through automation

Indirect Tax Compliance, on the myInsight platform, is an application that allows you to implement a standardized and automated indirect tax compliance process: from data upload to the submission of indirect tax returns.

Indirect Tax Compliance Tool

Increased reporting requirements and greater scrutiny from tax authorities are challenging businesses to find more efficient, automated and potentially more centralized means to manage the indirect tax compliance process.

Today's tax departments are required to achieve more with less, while still facing challenges of multiple data sources, varying data quality, numerous processes, and country-specific requirements.

As a result, companies are looking for technology solutions that will help them increase efficiency.

Service highlights:

  • Delivered by experienced indirect tax professionals
  • Managed compliance with 35+ embedded quality checks
  • Efficient risk management - automation eliminates human error
  • An interactive dashboard provides insight through enhanced data analysis
  • A central data repository allows for an audit trail of activity
  • Information updated continually through extensive use by Deloitte Professional

Key features

Your team will have more time to focus on quality review of transactions and added value tasks.

Indirect Tax Compliance provides an issue log, standard management reporting and dashboards, which provide you with better visibility and insight into the transactions reported and VAT positions taken.

It will allow you to improve the overall process efficiency, achieve consistency and reduce the risk associated with manual errors.

Indirect Tax Compliance has various service levels, so you can choose the appropriate level of access, and adopt coverage as needs change

The application is used by Deloitte on a daily basis to produce over 70,000 filings annually, and therefore, updated continuously.

The support team includes experienced indirect tax and compliance specialists that currently use the same application daily.

Indirect Tax Compliance

Improving the efficiency of indirect tax compliance through automation

Increased reporting requirements and greater scrutiny from tax authorities are challenging businesses to find more efficient, automated, and potentially more centralized means to manage the indirect tax compliance process.