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Operating model may work for a complex organization and a detailed operating model may work for a smaller organization. Now is the time for.

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Now is the time to ask does your tax operating model still fit.

Finance operating model ey. In today s ever changing environment is your tax operating model positioned to meet both today s realities and tomorrow s challenges. Operating model transformations can create a significant opportunity to enhance the retained organization through analytics and business collaboration. And yet many businesses say their tax and finance function isn t where it should be.

Leader in managed services for financial services tax including tfo ctors and indirect tax. A global tax platform gtp to enable enhanced tax. Nearly every single one of the 1 013 respondents in the new ey global survey said they are taking action to transform their tax and finance function operating model to keep pace with the deluge of change and ensure their statutory.

Dedicated client service team committed to the delivery of exceptional client service. To help your organisation adapt we approach all finance transformation projects with an end to end perspective. Ey s tax technology and transformation ttt is a global practice that is helping organizations meet their ongoing tax operating and compliance challenges while redefining their tax function for the digital age.

The role and service that people expect from finance won t match up to the new model which can be difficult for the wider business to adapt to. Ey global tax and finance operate leader. Gauging the current level of maturity of the finance operating model and the level to which the finance function will need to aspire in the future see chapter 4.

Indeed the survey finds that 84 of organizations anticipate an increase in their workload from complying with emerging digital tax filing requirements and 51 expect that those requirements will lead to an increase in their organization s tax risk profile. However this can lead to a myopic lens that keeps finance leaders from recognizing that there may be significant value left on the table in the organization left behind the retained organization. Information was gathered from senior finance professionals in switzerland and liechtenstein.

As your finance operating model changes it can lead to impacts across the business. With a focus on the key areas of transformation enterprise integration data and analytics intelligence and process automation governance and risk management our teams accelerate your ability to deliver on a tax function that is cost effective and addresses the new and. Ey americas financial services tax partner ernst young llp.

Our survey was conducted in summer 2015. This would be driven mainly by the objectives and goals that company executives want to achieve from the operating model as well as the organization s context industry product services life expectancy etc. By enlisting the experienced ey tax and finance operate tfo team to guide you through transforming your tax operations you benefit from.

Typically the outputs of a startup s financial model consist of a three to five sometimes 10 year forecast of the financial statements on a yearly basis profit and loss statement balance sheet cash flow statement an operational cash flow overview for the coming 12 months ahead and an overview of the company or sector specific key performance indicators kpis.

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