Data Exchange arios? n e c s e s e h t h it w Tired of deali ng from my source systems in the get data . It’s d ifficu lt to right deta il levels e th at d n a at ata? right form with the latest d g in rk o w re a e w ti mes How do we know mes a month is 16 ti 16 s er g ed L l a Updating Gen er too often. lysi s. re ti me for ana I wish I had mo ld . a.m . is getti ng o ld Getti ng up at 2 peated ly — wou re so d n a — y ll s man ua Doing these task ld clon e myself. be fin e if I cou One of the main challenges with tax work is simply gathering the proper data. However, collecting, validating and managing the constant flux of information at the right level of detail is imperative for today’s tax departments to stay current, compliant and on time. Corptax offers a simple, streamlined solution: Corptax® Data Exchange. Automating data import with minimal manual involvement, this powerful tool saves you time, increases accuracy and reduces risk — all while ensuring that you work how you want to work. How does Corptax Data Exchange work? Corptax Data Exchange is a standard ETL tool (Extract, Transform and Load) that automates the process of loading data into Corptax from source systems such as general ledger, fixed assets, payroll and many more. This tool also allows for application of business rules and mappings, which means that Corptax can pull information in at any level and in any format and consolidate into the necessary detail for compliance, provision, planning and reporting. Corptax Data Exchange empowers tax departments with: • Ability to process large amounts of data from one or more source systems • Process status and e-mail notification upon completion of process • Event-driven processing that automatically identifies files to be processed • Summary and detailed record reports available for data imported as well as reject reports • Conversion mapping that allows customized accounts, entity codes, and jurisdiction codes to process as Corptax equivalents for easier import and review “Corptax Data Exchange creates great efficiency, which reduces human error and creates a much more pleasurable experience of moving data between systems and functions.” —Craig Stier, Tax Specialist, Kimberly-Clark Transforming the business of tax 800.966.1639 | www.corptax.com Data Exchange Corptax Data Exchange provides a secure solution for collecting data for provision and compliance, helping you: Corptax: Transforming the business of tax Reduce risk • Customizable alerts • Reject reports • Control mechanisms for correcting data discrepancies • Automated processes that minimize error Corptax is the leader in providing software solutions that simplify tax processes and help companies achieve greater efficiency. By partnering with Corptax, you benefit from: How does Corptax Data Exchange benefit you? Manage workflow • Facilitates real-time updates, eliminating delays and bottlenecks • Eliminates the need for updates to be done early in the morning, in the middle of the night, or by calling for a complete work stop • E-mail notifications keep everyone informed • When discrepancies are identified, issue-free next steps continue Save time • Automates data import • Automates processes to trigger downstream effort during timesensitive critical path processes • Reviewing book income, calculating tax differences, and signing off on taxable income can proceed independently • Eliminates range of manual tasks Why Choose Corptax? With a common database, common administration, and common user experience, Corptax offers innumerable efficiencies and reductions in risk by standardizing and simplifying data collection. From a data gathering tool to the entire tax cycle, Corptax offers the industry’s only tax ERP solution to deliver unparalleled ease and savings of time, resources and money. Call 800.966.1639 or visit our website at www.corptax.com to learn more about how Corptax can help you simplify your data collection and get more time back in your day! • An ERP Solution for Tax: As the industry’s only singlesystem solution, Corptax provides a common database, common user experience and common administration to leverage across the tax continuum. • Customer-focused Products: Corptax develops innovative solutions that transform the way tax departments work. • Rapid Deployment: Corptax products are implemented, used and understood quickly. • Proven Solutions: Companies of all sizes choose Corptax as a reliable and trusted partner for their tax needs. In fact, more than half of the Fortune 500 companies are using at least one Corptax solution. • Customer-centric Support: Corptax Customer Support is available to you anytime, anywhere to keep you running smoothly. “Corptax Data Exchange creates great efficiency, which reduces human error and creates a much more pleasurable experience of moving data between systems and functions.” —Craig Stier, Tax Specialist, Kimberly-Clark © 2010 Corptax, Inc. All rights reserved. Transforming the business of tax 800.966.1639 | www.corptax.com