The DMA Way

DMA Offers New Service – Tax Process Optimization

by DMA Staff | Apr 28, 2017
Tax Process Optimization Header

DMA is thrilled to announce that our Tax Technology and Sales/Use practices have united various aspects of their respective service offerings, which led to the creation of our Tax Process Optimization team. We created this team with the intent to help our clients resolve challenges and address pain points, ranging from exhaustive manual processes to material errors in sales/use tax administration.

DMA’s Tax Process Optimization team leverages multi-disciplined professionals with experience in sales/use tax recovery, audit defense, and tax technology to perform “Tax Process and Systems Analysis” to identify process gaps and deficiencies. The result of DMA’s analysis will lead to detailed recommendations that will enhance your tax process efficiency as well as resolve systemic issues. 

DMA’s Tax Process Optimization team will:

  • Eliminate or reduce manual processes and back-end adjustments
  • Bridge the communication gap between tax and IT to ensure technical and functional requirements are achieved
  • Enhance existing tax software configurations for better accuracy
  • Define scalable business processes that will accommodate growth
  • Leverage DMA’s internally developed tools and tax software solutions to streamline processes
  • Resolve issues stemming from post-implementation/integration issues
  • Assist with the evaluation of third party software vendors for optimal selection based on your organization’s unique requirements
  • Provide upstream and downstream tax training and documentation
  • Provide tax technology industry best practices specific to your systems and industry
  • Utilize recovery studies and current audit assessment issues to hone in on issues and identify solutions to prevent from continual reoccurrence

By partnering with DMA’s Tax Process Optimization team, your organization will have a forum to identify optimization opportunities within transaction tax processes and systems, understand the root cause, and provide viable solutions to improve procedures.

Sound like something your organization can benefit from? Great! Keep reading to see what to expect when you decide to engage DMA’s Tax Process Optimization team.

Tax Process Optimization Process Overview:

  • Discover – DMA tax and technical resources meet with your tax, IT, and accounting groups to understand your systems and processes relevant to sales/use tax within your Order-to-Cash and Procure-to-Pay processes
  • Analyze – Collaborate internally with our industry and system specific experts to generate a comprehensive set of recommendations to resolve issues identified through the Discovery phase
  • Present – DMA will meet with you to discuss the findings and recommendations to ensure that you fully understand the options presented and how they will impact your business
  • Partner – Develop a comprehensive strategy for resolving the identified issues based on a program tailored to stakeholders’ prioritized initiatives  

For more information on Tax Process Optimization, please click here.

Please do not hesitate to contact your local DMA office should you have specific questions or requests.