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EY Business HQ - Projects
In Tax
Global tax authorities are introducing greater digital reporting and transparency requirements. Teams need digital tools to manage risk and respond to evolving regulation. Projects combines EY best practices and content with all the tools you need to meet these challenges.
Your business challenge
Finance and tax functions are facing increasing regulatory pressure, whilst being asked to do more with less. Teams struggle to manage these competing pressures whilst maintaining a strong control environment, now essential for digital tax authorities. As a result, supporting the business with strategic input is pushed further down the priority list.
- Managing risk: do you find it challenging to understand and monitor risks as your business faces them?
- Managing operations: are you able to gain oversight of your projects across countries, finance and tax processes?
- Embedding best practice: is it a struggle to stay to up to date with guidance on ever-changing regulations?
- Understanding performance: what insight do you have over the performance of your finance and tax function?
- Tooling: do you rely excessively on Excel and emails, and use disparate tools that do not talk to each other?
Solution benefits
What can Projects do for you?
Projects has all the tools you need to manage your finance and tax function, and understand how it is performing by:
- Embedding EY best practices
With curated content libraries and best-practice processes included, you can embed EY knowledge into your finance and tax function.
- Giving you oversight and insight
Gain oversight of key milestones and risk areas for insight into how your finance and tax function is performing.
- Helping you and your teams collaborate
Whether it is gathering information, managing risk, tracking tasks and milestones, or storing information, Projects has all the tools that you need in one place.
Solution features & functionality
Projects can help you handle competing pressures more effectively and create a strong control environment. Use Projects to manage a variety of processes including any global and local compliance, risk and controversy, total tax contributions, base erosion profit shifting (BEPS), country-by-country reporting, uncertain tax positions, and many more.
Case studies
Multinational technology business: core compliance
The head of tax could not get oversight of their global value-added tax (VAT) compliance.
By using Projects integrated with our Global VAT Reporting Tool, they were able to ensure that every registration and individual filing was on track, and improve the efficiency of their VAT compliance process across over 25 countries.
Multinational consumer business: total tax contribution
It previously took this business six weeks to complete their total tax contribution process. They had issues keeping a track of information across various sources, including on email and spreadsheets.
Projects was implemented in over 100 jurisdictions within two weeks, which meant that they collected the information in one place with oversight of issues and progress. This shifted the tax team away from gathering data to analysing the information.
Why EY?
We combine our tax and finance experience with technology knowledge to produce technology alternatives that solve problems. Projects helps tax and finance professionals to better oversee their workflow and collaborate efficiently with their teams.
The Team
How EY can help
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Our tax professionals can help your business manage tax big data in a way that enables efficient compliance and provides strategic insights. Learn more.
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