Tax Process Improvement & Governance
Build an efficient and effective tax function through transformation
Gain control over your tax function and position
To keep up with changing tax law and compliance requirements, your tax department must not only run smoothly and effectively but be highly adaptable. This means constantly evolving tax processes and governance to speed operations and support process improvement. Deloitte’s tax professionals can help you meet the challenge and create a better performing tax function.
We evaluate and benchmark current policy and strategy, and support structural updates to your tax function—including evaluating operating models, process workflows, and department assessments. We work with you to improve management, oversight, and control, drawing on deep tax expertise and innovative technology. Our tax specialists can work alongside your tax department leadership to establish short- and long-term goals, develop key performance indicators, and design an organizational plan that supports your vision.
Do more with less
We help your tax department operate more efficiently while ensuring your operations are resilient to pressures from tax administrations, regulatory bodies, and internal enterprise expectations. With our expertise, with marketing leading technology and operational standards, we can help you:
- Evaluate your tax process governance and policy set up and align it with overall organization goals
- Deliver within larger finance transformation programs
- Help build a resilient tax organization and tax control framework
- Proactively manage tax risk
- Manage projects around finance outsourcing, shared service centers, and post-merger integration
- Implement supporting technology to manage the tax function, for example, central document repository, risk management, and workflow management
- Use data automation strategies to reduce time spent on repetitive activities
Tax integration with Finance
TransformationDeloitte can also support your organization to ensure that tax is fully integrated and engaged in the overall Finance Transformation programs, by optimizing your processes and governance structure, by utilizing applicable technology.
Finance transformations provide the perfect opportunity for your organization to have a comprehensive and strategic overhaul of its tax processes, tax systems and tax function. With the aim to improve efficiency, effectiveness and align closer with strategic business goals. Working with the wider Finance Program and Deloitte’s Tax Technology Practice, your organization could redesign tax (and upstream) processes, implement new systems, enhance organizational structures and develop/identify talent and skills to drive sustainable change and optimize financial performance. The overall objectives of Finance Transformations are to streamline processes, reduce costs, enhance decision-making capabilities, improve risk management, and support business growth. Tax should be a key and integral stakeholder to making this happen.
