Tax Transformation with Anaplan

Anaplan’s robust, agile platform can support and enhance a wide variety of systems and tax processes, including Tax Reporting, Pillar 2 Reporting, STAT and CIT Compliance, and Operational Transfer Pricing. Our clients across numerous industries and sectors, from Energy and Industrials to Insurance and Telecommunications, are leveraging Anaplan technology to connect tax and finance processes and systems. And as tax data is increasingly important to management’s ability to plan and forecast, Deloitte’s solutions help tax professionals to leverage, assess and analyse current and historical tax information. Deloitte delivers solutions for a number of tax process requirements, including:

• Tax Transparency Reporting – Gather data from across multiple business function, gain real-time insights to help analyse outcomes and improve data governance for CbCR, Tax Contribution and ESG Reporting
• STATs and CIT Compliance – Support compliance requirements with Deloitte’s EMEA-wide Group GAAP to Local GAAP automation solution.
• Operational Transfer Pricing – Leverage our OTP engine to allocate costs/revenue across the group in line with companies Transfer Pricing policies
• Global Tax Reporting Platform - Run IAS12 calculations and produce tax disclosures and journals in a single platform already used by your finance teams
• Pillar 2 – Embrace the biggest tax reporting challenge of 21st century with a highly customisable and flexible cloud platform that can connect to other tax calculations and finance systems
• Bespoke processes management – Automate custom enterprise processes, such as Tax Risk registries, Uncertain Tax position monitoring and R&D Incentives tracking

Anaplan’s technology approach – in delivering tools that are agile, flexible and customisable - sets itself apart from legacy solutions, ‘’off the shelf’’ tools and Excel / spreadsheet-based templates.

Leveraging our extensive tax process and technology expertise, Deloitte helps advise tax teams in determining the right Anaplan technology ‘’roadmap’’ to support their tax transformation. For example, whether a pre-defined application based on ‘’best-practices’’ is fit for purpose, or if a custom-built solution better suits the organisation’s strategy and processes.

• Solutions can be deployed, maintained and evolve at the speed of change, whilst the business remains in control of risks through leveraging Anaplan’s robust processes
• Anaplan is an open platform that integrates with back-office platforms and business systems through multiple extensibility and data integration options
• Anaplan can scale to meet the data, hierarchy and calculation needs of the world’s largest and most complex companies
• Robust, secure technology can provide real-time calculations and deliver frequent, more insightful dashboarding and insights
• There are no localization limitations, allowing users with different processes to effectively define their way of working while ensuring that it positively contributes to the end solution

Today’s dynamic global tax environment is driving transformation, and tax teams are benefiting from agile technology solutions that support this change. Deloitte helps tax and finance professionals tackle these challenges in an innovative way that will have a positive influence on the way your business operates.

If you would like to find out more about how Anaplan could help your tax functions and processes, please contact our team for a discussion or demo.

Tax Technology Consulting and Support

Deloitte’s tax technology consulting and support professionals can help you identify, design, implement, and maintain the tax systems you need to help your tax processes, governance, and risk management keep pace in a digital world.