Tax and Finance Operate

EY teams can help you reimagine your tax and finance operating model to keep pace with evolving regulation, technology and talent demands. Constantly adapting your own capabilities is challenging and costly. Instead, with our Tax and Finance Operate (TFO) solution, you can co-source select activities, leveraging our significant investment in technology, people and process.

TFO solution benefits

Tax and finance functions today face dynamic pressures in staying on top of legislative change globally, keeping pace with technology, and attracting and retaining professionals with future-focused skills. These functions face a tall order: do more, and provide more value, with fewer resources and continuing pressure to reduce costs, in a rapidly changing world of risk and regulation. How can they be equipped with digital capabilities that evolve alongside the market, with human help whose talents also must adapt? By establishing a new co-sourcing operating model to:

  • Manage risk and improve visibility. Standardized workflows and dashboarding will provide you confidence through increased transparency and control over global filing obligations. Real-time dashboards also allow you to monitor and stay abreast of global tax controversy.
  • Realize increased value from data. Thanks to structured data, advanced analytics and visualization tools, your data can be transformed into powerful new insights. This transformation allows for your function to provide more strategic value to your organization in a time of greater complexity and disruption.
  • Drive innovation and new ideas. EY professionals who understand your business bring you new perspectives through significant investment in artificial intelligence, machine learning and EY Global Tax Platform. We work with you to provide a co-source solution to help you meet your business needs, providing continuous improvement and innovation.
  • Improve efficiencies. Significant investment in leading-edge technology, standardized processes, and service centers of excellence enable us to perform activities more efficiently. Through a co-sourcing relationship your team can spend more time on strategic developments, such as advising on tax and controversy matters.

Key features

Talent

In a world of change, we understand how tax policy works and are attuned to legislative developments wherever you do business. You gain a globally consistent, dedicated client service team committed to the delivery of exceptional client service, and it links to 54,000 EY tax professionals in more than 140 countries. The co-sourcing model helps you retain responsibility for the strategy, policy and accountability of your tax and finance function, while we help you meet all your compliance obligations.

Technology

EY Global Tax Platform (GTP), powered by Microsoft Azure, shares information in real time, automates and digitally helps enable processes, allowing you to reimagine your tax and finance functions and outcomes. It provides state-of-the-art technology via a plug-and-play architecture that can improve risk management and tax governance through global visibility and control. It also can enhance tax data quality, provide high-value analytics and help identify opportunities.

Case Study
The better the question The better the answer The better the world works
Case Study

Case study: How collaborating on tax operations powers a focus on strategy and growth

The multibillion-dollar acquisition of Scripps by Discovery enabled them to reimagine the tax function and create a more adaptive enterprise.

Case Study
The better the question The better the answer The better the world works
Case Study

If you always follow the script, how will you ever change the story?

See how the world’s largest non-scripted, factual media company changed its trajectory.

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Businesswoman talking to colleagues in video conference
Case Study
The better the question The better the answer The better the world works
Case Study

A true collaboration

A co-sourcing arrangement that addresses complex compliance obligations, which enables more time spent on high value activities.

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Steadicam man working on stage
Case Study
The better the question The better the answer The better the world works
Case Study

An adaptive digital enterprise

The standardization of processes, better training for the tax team, and the ability to bring new technology are realized.

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Contact us

Like what you’ve seen? Get in touch to learn more about EY’s Tax and Finance Operate solution.

EY announces expansion of tax and finance operate digital solution suite with Microsoft

TFO solution on EY Global Tax Platform, powered by Microsoft Azure, shares information, automates, and digitally helps enable tax and finance processes in the cloud.

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EY announces global tax and finance managed services agreement with Nokia

Ernst & Young LLP (EY) announces a new global tax and finance agreement with Nokia Corporation to deliver tax and finance, data and technology managed services across 127 countries.

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