Tax and Finance Operate
Tax functions and their operating models are at an inflection point, more now than ever, and several macro-trends are significantly challenging current tax operational strategies. It has become critical to have a tax and finance function with the right mix of people, process, technology, and data. Significant management focus and capital investment is needed to achieve this in-house. Is there a better way to do it?
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How EY Tax and Finance Outsourcing services can help?
Companies are looking at their short-term and long-term requirements to efficiently and effectively manage their tax and finance operations by taking bold and creative approaches to position tax and finance to meet the needs of their organization, both today and into the future. Now is the time to as...
Is your tax and finance operating model future ready?
Under EY’s Tax and Finance Operate (TFO) offering, the tax and finance function can be co-sourced/outsourced to EY. EY takes over your tax and finance function, drives improvements and operates it for you as a managed service.
With an outsourced/co-sourced operating model, you can expect the following benefits:
- Proactive risk management and improved visibility via dashboarding and analytics
- Agile and scalable model to address your needs and changing operations
- Improved business partnering and facilitating decision making
- Increased management time to focus on core-competencies and strategic areas
- Plugging leakages and increasing operational efficiency
- Technology enabled delivery of services — leveraging EY’s suite of digital tax solutions
- Institutionalizing knowledge and reduced people dependencies
- Standardization and centralization of tax and finance processes for increased transparency and control over global compliances
- Ready access to subject matter experts through EY tax network comprising over 68,000 globally consistent and committed professionals in 160+ countries
- No separate costs and risks of investment in people, process, and technology
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