Friday Nov 22, 2013

Hyperion Tax Provision Partner Webinar

WATCH AND LISTEN to the Hyperion Tax Provision Partner Webcast: Access Replay.

Oracle Hyperion Tax Provision is a first-of-its-kind tax provisioning solution that integrates directly with the broader financial reporting process and Oracle HFM.

One of the key components for building an effective, efficient, and transparent tax function is proper access to financial data and processes. In fact, financial data is at the root of all major tax functions - tax reporting, tax planning, compliance, & audit management. Therefore, a tax provision solution that is closely aligned with the broader financial reporting process can make a powerful difference in a tax function’s ability to meet its deliverables.

To get a direct update from Oracle Product Management, please listen to this 90 minute webcast on “Tax Provision” presented by Marc Seewald, Senior Director Product Managementthat took place on November 8th 2013: Access Replay.

Thursday Feb 21, 2013

Oracle Announces New Hyperion Tax Provision Module

Oracle Hyperion Tax Provision allows customers to collect, calculate and report on the consolidated tax provision and more closely align tax with financial reporting.

Built on the Hyperion Financial Close Suite, Oracle Hyperion Tax Provision is a web-based tax application that addresses the full scope of the global tax provision process.

Oracle Hyperion Tax Provision replaces the highly manual methods used by most organizations with an automated and standardized process that increases efficiency. Furthermore, it integrates with tax compliance software and improves the overall compliance process by providing a more streamlined book-to-tax process.

Integrated with Oracle Hyperion Financial Management, Oracle Hyperion Tax Provision is based on the same technology trusted by thousands of finance organizations to ensure the accuracy of financial reporting.

“We believe that a corporate tax provision process that is not closely aligned with the financial reporting process may expose companies to unnecessary risk and inefficiencies. Aligning corporate tax and finance systems may greatly enhance the ability of tax departments to execute their responsibilities more effectively,” said Michael J. Johnson, performance management technology leader for Deloitte’s Tax Management Consulting Practice.

FSN article: “New Oracle tax provisioning product aligns corporate tax functions with HFM users” (link).   And join the FSN LinkedIn discussion in Tax Provisioning (link)

Oracle Hyperion Tax Provisioning : see press | blog | o.comwhitepaper | datasheet

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