Tax Operations Scanned Forms
Are your tax operation team tied up with PDF and paper based tax forms? Skilled and experienced tax operatives have become tied up in the repetitive, mind-numbing task of processing the ever increasing volumes of tax forms instead of doing higher value tasks.
Transform your tax operations with automated processes
Businesses are looking to replace manual tax operations’ processes and partially automated legacy systems with fully automated solutions to reduce their costs, minimize their risk and streamline their tax validation and remediation process.
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Achieve cost savings of 84% per form
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Free up over 40% of operational team to focus on higher value risk mitigation
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Increase efficiency with a 75% faster validation process
Deliver faster validation of scanned and paper forms
To improve the efficiency and reliability of your validation and remediation our Tax Operations Validation Portal has a scanned forms module and built-in Optical Character Recognition (OCR)
Reduce manual input with instantaneous validation
Streamline your validation of scanned and paper based forms using OCR algorithms. Transfer physical image data into a digital, readable format to run validation rules with no manual intervention.
Perform Efficient and Reliable Review
Increase turn-around times by processing scanned forms received via email, post or fax with instantaneous validation results. Perform reliable review and remediation using our platforms side by side view of the original and digitized forms and uploading supporting documents.
Execute Efficient and Accurate Remediation
Allow your tax operatives to correct and override validation errors easily using our OCR and business logic to cross check and recommend best matches based on internal and external databases including the institutions AML/KYC data, the IRS GIIN List and stock exchanges.