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Oracle Tax Reporting Cloud Service (TRCS) Released

21 February 2017 - Oracle to help businesses better support global operations with seamless tax reporting

NEWS RELEASE:  Oracle Tax Reporting Cloud Service (TRCS) is a new cloud tax and reporting solution which helps tax professionals, CFOs and controllers manage complex country-specific tax reporting requirements through automation.

This new finance cloud solution helps companies, operating in multiple countries, meet complex taxation requirements and regulatory reporting standards imposed by each country.

Oracle TRCS delivers an out-of-the-box cloud solution to help organisations automate their tax provision and country-by-country reporting (CbCR). It enables seamless transparency between tax and finance to reduce risk and brings tax and finance functions together in a unified, secure and scalable cloud platform. It also streamlines tax reporting processes, including data collection, workflow, data automation and pre-built KPIs for audit flags.

This solution integrates easily with multiple Enterprise Resource Planning (ERP) systems, as well as Oracle Enterprise Performance Management (EPM) Cloud and on-premises offerings and specifically enables the sharing of data, metadata, and processes with the finance function during the financial close cycle.

Read more about TRCS here

Read the full press release here

If you, or one of your colleagues, would like to attend please call +44(0)203 411 0140, or email info@concentricsolutions.com

 

 

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