Automatically calculates accurate tax rates and amounts for transactions across thousands of global jurisdictions in real-time. Integrates with ERP and e-commerce systems to apply correct taxes at point of sale or invoice generation.
Automates the entire indirect tax compliance cycle including data collection, validation, calculation, return preparation, and electronic filing for VAT, GST, sales tax, and other transaction taxes.
Streamlines corporate income tax provision and compliance processes with automated data gathering, calculation workflows, and comprehensive reporting for both US and international requirements.
Manages global transfer pricing documentation, benchmarking analysis, and compliance reporting to meet OECD guidelines and local country requirements.
Delivers comprehensive dashboards, reports, and analytics for tax departments to monitor compliance status, identify risks, and support strategic decision-making.
Centralizes tax data from multiple source systems and provides tools for validation, transformation, and reconciliation before tax processing.
A multinational manufacturing company with operations in 40+ countries uses ONESOURCE to automate VAT compliance across all jurisdictions. The system pulls transaction data from their SAP ERP, applies correct VAT rates based on product type and destination, validates data against local rules, generates country-specific returns in local languages, and submits filings electronically. This reduces manual effort by 70%, minimizes errors, and ensures timely compliance despite constantly changing regulations.
A national retail chain with both physical stores and e-commerce operations uses ONESOURCE to manage complex sales tax calculations across thousands of US jurisdictions. The system integrates with their point-of-sale and e-commerce platforms to determine correct tax rates in real-time, handles exemption certificate management, and prepares returns for all states where they have nexus. This ensures accuracy in customer transactions and streamlines monthly compliance workflows.
A global financial institution uses ONESOURCE Transfer Pricing to manage their intercompany pricing policies and documentation requirements. The system helps them perform benchmarking analyses using proprietary databases, generate consistent documentation across 30+ countries, and maintain audit-ready records that comply with both OECD guidelines and local country requirements. This reduces documentation preparation time and strengthens their defense against tax authority challenges.
A publicly-traded technology company uses ONESOURCE Income Tax to automate their quarterly and annual tax provision process. The system pulls financial data from their Oracle ERP, applies tax rules and rates, calculates current and deferred taxes, generates ASC 740-compliant reports, and maintains detailed workpapers for auditor review. This accelerates their financial close process and improves accuracy in their tax accounting.
A pharmaceutical company with complex intercompany transactions and R&D credits uses ONESOURCE Data Management to consolidate tax data from multiple source systems. The platform validates, reconciles, and transforms data from their ERP, clinical trial systems, and patent databases into a standardized format for tax processing. This provides a single source of truth for tax data and reduces the time spent on data gathering and validation by approximately 60%.
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