Corptax WorkSpace provides visibility, versatility and total workflow command through a powerful suite of document management, project tracking and workflow tools. Also serving as a virtual office, team members can work collaboratively from anywhere — in real time. Access is tailored to each user, granting the 360-degree view that a VP needs or limiting the view to only certain assignment alerts that a preparer wants. This ensures the security that you require with the differing functionality that each responsibility needs.
From up-to-the-minute visibility into project progress to accurate, current documentation to the ability to information-share outside of e-mail, Corptax WorkSpace helps everyone to:
- Accelerate effectiveness
Corptax WorkSpace improves your organization's effectiveness, adding new levels of control key to SOX compliance, while actually accelerating your tax processes. WorkSpace provides the platform for collaboration that removes barriers to information and file sharing between tax, finance and other contributing departments.
- Provide visibility
Flexibility and end-user control is designed into Corptax WorkSpace so that it can be extended for use throughout the entire tax department, including other applications. This provides visibility to all operations in one place.
- Increase control and security
Information, files and workpapers become more accessible, controlled, secure and auditable. Corptax WorkSpace doesn't require an investment in IT infrastructure because it can be delivered through our ASP environment.
The Corptax WorkSpace suite extends to include:
- Audit
Well-defined audit management processes provide a clear, real-time view of what transpires during an audit, as well as throughout an organization's audit cycles. Through a common platform, the Audit Management Process and Content Package makes tracking and managing the specific tasks of the entire audit process systematic — including notification of audit commencement, document gathering and delivery, settlement and any resulting filings.
- R&D
The Research Credit Management Process and Content Package provides a common platform to manage, track and report on all documents and deliverables required to support the research credit calculation. The tracking and management of supporting documentation and tasks for readiness of the research credit examination is organized and efficient.
- Compliance Management
The WorkSpace Compliance Management Process and Content Package provides a common platform to manage, track and report on the status of all compliance deliverables in one place. By collaborating in a secure environment with centralized storage, tax professionals can easily comply with complex laws and regulations and ensure payments are processed correctly and in a timely manner.
- Tax Contingencies Management
The Tax Contingencies Process and Content Package provides a common platform to manage and track the inventory of tax positions, implement standards for consistent periodic reviews and establish standard templates and processes for the identification and documentation of new and existing tax positions.
- Sales Tax Management
The WorkSpace Sales Tax Management Process and Content Package provides a common platform to manage, track and report on the status of all sales tax deliverables in one place — simplifying your sales tax compliance processes and e-filing.
Contact Corptax or request a demo to learn more.