Integrated Technology Implementation and Support

Pressure on providing clarity to the effective tax rate and deferred tax asset and liability balances has increased dramatically in the past year. It is now more important than ever to take an integrated approach to technology initiatives as they relate to data flow, document management and internal control process mapping, especially in the area of uncertain tax positions under FIN 48.

By integrating technology and data/process flow, tax departments can better support their numbers and minimize the risk of material misstatements and exposure. With increased knowledge of options through Atlas’ independent assessment assistance, comes better decision making, which, in turn, generates higher quality and cost savings.

At Atlas Service Link we do not develop and market our own software. Instead, we focus on assisting our clients with choosing and implementing the right mix of leading technology solutions based upon their unique facts and circumstances, cutting through the confusion surrounding differences in tax applications.

In addition, we do not implement tax systems in a vacuum. All technology implementation, integration, and improvement initiatives are developed in an integrated manner from the general ledger to end tax applications, including but not limited to compliance and provision software tools. Leveraging our extensive experience, Atlas professionals help tax departments take an integrated approach to optimizing their processes and technologies in order to meet the significant changes in today’s regulatory tax reporting requirements.

Integrated Process Redesign Services

• Complete planning, compliance, and audit process redesign with new or existing technologies
• Complete provision and forecasting process redesign with new or existing technologies
• Integration of separate tax department processes

Technology Improvement Initiatives - Tax Systems

• Client specific customizations
• Standardization of compliance processes
• Integration of M-3 with provision
• Integration of FIN 48 with all tax cycles

Technology Improvement Initiatives – General Ledger (ERP) and Consolidation Systems

• Defining overall tax requirements
• Tax sensitizing general ledger/consolidation systems
• Automation of tax software interface with general ledger/consolidation systems
• Creation of tax specific data subsets
• Creating tax legal entity tree structures
• Creating jurisdictional reporting capabilities

Process Mapping and Testing

• Internal control process mapping
• Internal control process testing
• Documentation standardization

International Data Collection for Provision Reporting and Compliance

• Implementation of web native standard or customized data collection
• User defined sheets within data collection
• Detailed tracking of tax attributes including NOL’s by vintage and type
• Journal entry integration