Income tax processes – digital, automated and integrated

Digital requirements for income tax are constantly increasing: tax-relevant information needs to be available more quickly, more transparently and, where possible, in real time – for CFOs, financial investors, family offices and, increasingly, for foreign tax authorities. To achieve this, income tax data must be consistently collected digitally, processed and made available for reporting and filing.

Our approach: to design income tax processes that are consistently transparent, seamless and largely automated, so that the tax department can concentrate on its core task – the application of tax law.

Why digital income tax processes are crucial:

Your objectives with digital income tax processes

Tailor-made income tax processes integrated into standard software support you in the following ways:

Our solutions for income tax processes

The following components, amongst others, are used to digitise and optimise your income tax processes:

• Development of a digitisation roadmap for the income tax function
• Implementation and global roll-out of external tax tools, e.g. the market-leading solution LUCANET Tax Portal
• Process consulting and optimisation – comprehensive or in selected areas such as consolidation
• Specialist support in the areas of tax accounting, tax reporting and tax compliance
• Preparation of tailored guidelines and user manuals to ensure consistent application
• Optimisation and automation of validation processes to identify sources of error at an early stage

Experience, best practices and a holistic approach

Thanks to numerous digitalisation projects across a wide range of industries and company sizes, we have extensive practical experience and a set of tried-and-tested best practices for digital income tax processes.

Our focus is not only on technical automation, but on a holistic approach. Our experts guide you through all project phases and provide support – if required – even beyond the go-live stage. In doing so, we take into account:

From Roadmap to Implementation

Ideally, a successful project begins with a jointly developed digitalisation roadmap for income tax. This provides:

• clear objectives,
• a structured and scalable approach,
• as well as the necessary alignment with the company’s (global) IT strategy.

On this basis, the implementation strategy tailored to your specific needs can be rolled out step by step and flexibly – from the initial pilot phase to a fully rolled-out digital income tax landscape.