oracle hyperion tax provision data · pdf filefinancial management ... oracle hyperion tax...
TRANSCRIPT
ion
fficient and transparent
cesses In
ting tax planning
ovision solution that is
cess can make a
s deliverables Oracle
g solution that
process
well as internal amp
nts continue to see
departments have relied
ever over
he accounting process for
ution for most large
ing for the righ
e ever
sion solutions andor add
hallenge In fact in many
ting data and processes
hart of accounts and legal
ith stale data and creates
e tax function needs a tax
s where possible
and tax data Oracle
reporting solution suitable
US GAAP (ASC 740FAS
ax provision process
o calculate permanent and
ta in the general ledgers or
Oracle Hyperion Tax Provi
One of the key components for building an effective
tax function is proper access to financial data and pr
tax repo
compliance amp audit management Therefore a tax p
closely aligned with the broader financial reporting pr
rence in a tax functionrsquos ability to meet i
kind tax reporti
integrates directly with the broader financial reporting
With increased regulation shortened reporting timelines as
pressures for increased transparency corporate tax departm
increasing demands on their finite resources Historically ta
on Microsoft Excel as their primary tool for tax reporting Ho
Excel for calculating the tax provision is inefficient exposes
income tax to unnecessary risk and is no longer a viable so
corporate tax departments are searc
technologies to help gain an advantage in keeping up with t
alone tax prov
return software simply do not solve the data
ways these solutions further exacerbate the issue by replic
This approach requires duplication of effort in managing the
tructures increases the likelihood that tax is working
an artificial wall between book and tax processes Instead t
reporting solutions that is efficient leverages existing proce
provides tax with the necessary transparency into both book
Oracle Hyperion Tax Provision is a comprehensive global ta
ultinational companies reporting under IFRS (IAS 12) o
109) The solution encompasses all stages of the corporate
The tax automation engine allows you
nces directly from the source financial d
ORACL E D AT A S H E E T
Oracle Hyperion Tax Provission
KE Y B U S I N E SS B EN E F I T S
bull Improves efficiency through integration of data metadata with
source ERP and financial consolidation systems
bull Offers stronger tax risk management through a unified control framework
bull Control governance and transparency through centralization security and workflows
bull Improves efficiency through standardization
bull Allows tax to spend more time on analysis and planning instead of reconciliation
bull Transparency and auditability from
consolidated tax disclosure down to source transactions
bull Greater visibility to late adjustments
bull Leverages your organizationrsquos investment in Oracle Hyperion Financial Management
One of the key components for building an effective eefficient and transparent
tax function is proper access to financial data and proocesses In fact financial
data is at the root of all major tax functions - tax reporrting tax planning
compliance amp audit management Therefore a tax prrovision solution that is
closely aligned with the broader financial reporting proocess can make a
powerful difference in a tax functionrsquos ability to meet itts deliverables Oracle
Hyperion Tax Provision is a first-of-its-kind tax reportinng solution that
integrates directly with the broader financial reporting process
With increased regulation shortened reporting timelines as well as internal amp external
pressures for increased transparency corporate tax departmeents continue to see
increasing demands on their finite resources Historically taxx departments have relied
on Microsoft Excel as their primary tool for tax reporting Howwever over-reliance on
Excel for calculating the tax provision is inefficient exposes tthe accounting process for
income tax to unnecessary risk and is no longer a viable sollution for most large
multinationals Todayrsquos corporate tax departments are searchhing for the right enterprise
technologies to help gain an advantage in keeping up with thhe ever-increasing demands
on the tax function
Book amp Tax Reporting in One System
Many tax departments have found that stand-alone tax proviision solutions andor add-
ons to their tax return software simply do not solve the data cchallenge In fact in many
ways these solutions further exacerbate the issue by replicaating data and processes
This approach requires duplication of effort in managing the cchart of accounts and legal
entity structures increases the likelihood that tax is working wwith stale data and creates
an artificial wall between book and tax processes Instead thhe tax function needs a tax
reporting solutions that is efficient leverages existing processs where possible and
provides tax with the necessary transparency into both book and tax data Oracle
Hyperion Tax Provision offers exactly this
Global Consolidated Tax Provision
Oracle Hyperion Tax Provision is a comprehensive global taxx reporting solution suitable
for multinational companies reporting under IFRS (IAS 12) orr US GAAP (ASC 740FAS
109) The solution encompasses all stages of the corporate ttax provision process
bullbullbullbull Tax automation ndashThe tax automation engine allows you tto calculate permanent and
temporary differences directly from the source financial daata in the general ledgers or
f permanent and temporary
rocess
workflow engine collects
world The workflow
he data collection process
vision process at all times
on calculates tax provision
o the consolidated tax
reports
vision as well as the
erion Tax Provision i
ancial Reporting and
d
a in a single solution
vision
the close This allows tax
est
s can be imported into the
urthermore the tax
tax compliance software
fference between
is to ensure the autonomy
lution is able to significantly
and process from finance
iving tax the flexibility to
on as desired For
ses of the tax provisio
a assurance is ensured at
from the financial consolidation system The automation
differences can significantly streamline your tax provision
web tax package and
entered data from regional controllers around th
engine ensures that you have strong internal control over
tus of the tax pr
Oracle Hyperion Tax Provis
from the lowest level of detail (legal entity) all the way up
a full suite of ta
consolidated and detailed analysis of the corporate tax pr
generation of the tax disclosure Furthermore Oracle Hy
integrated with reporting tools such as Oracle Hyperion Fi
Oracle Hyperion Smart View for Office (Microsoft Office A
departments complete access to the live book and tax da
Pr
department durin
of the big
t
seamlessly with your tax return software Tax return detai
application using the industryrsquos best data assurance tool
on and book trial balance can be exported out to th
Oracle Hyperion Tax Provision highlights temporary d
central tenants of Oracle Hyperion Tax Provision
of both tax and finance throughout the close process The s
improve the efficiency of the tax provision by leveraging dat
here appropriate However this is accomplished while still
retain as much or as little control over data and administrat
example tax can push down topside journal entries for purp
without impacting the results as reported by finance and da
O R AC L E D AT A S H E E T
from the financial consolidation system The automation oof permanent and temporary KE Y F E AT U RE S
bull A tax provision calculation engine that addresses US GAAP IFRS and statutory tax reporting
bull A web-based tax package and integrated workflow for global data collection
bull An easy-to-use wizard for automation of tax differences
bull A comprehensive suite of tax reports for the consolidated tax provision -including the tax disclosure
bull Reconciliation of the Tax Accounts to the accounting data and generation of the tax journal entry
bull Powerful reporting tools to support analysis and tax planning in a single solution
bull A return-to-accrual process that integrates and enhances the tax compliance process
bull Configurable supplemental schedules to address unique data collection and calculation requirements
bull A Tax Provision solution that is based on the same technology trusted by thousands of corporate finance organizations
differences can significantly streamline your tax provision pprocess
bullbullbullbull Tax data collection- The complete web tax package and workflow engine collects manually-entered data from regional controllers around thee world The workflow engine ensures that you have strong internal control over tthe data collection process and gives instant insight into the exact status of the tax proovision process at all times
bullbullbullbull Tax provision calculation ndash Oracle Hyperion Tax Provisiion calculates tax provision from the lowest level of detail (legal entity) all the way up tto the consolidated tax disclosure and generates the tax journal entries
bullbullbullbull Tax reporting amp analysis ndash Included are a full suite of taxx reports to support consolidated and detailed analysis of the corporate tax proovision as well as the generation of the tax disclosure Furthermore Oracle Hypperion Tax Provision is fully integrated with reporting tools such as Oracle Hyperion Finnancial Reporting and Oracle Hyperion Smart View for Office (Microsoft Office Addd-in) to allow tax departments complete access to the live book and tax datta in a single solution
bullbullbullbull Insight into late adjustments ndash Oracle Hyperion Tax Proovision provides insight into late adjustments booked by the finance department duringg the close This allows tax users to proactively and efficiently address one of the bigggest bottlenecks of the close process
bullbullbullbull Returnshytoshyaccrual automation ndash There is also a return-too-accrual process that works seamlessly with your tax return software Tax return detaills can be imported into the application using the industryrsquos best data assurance tool FFurthermore the tax provision and book trial balance can be exported out to thee tax compliance software
Figure 1 Oracle Hyperion Tax Provision highlights temporary diifference between Statutory and Tax reporting as a standard feature
Tax Maintains Autonomy
One of the central tenants of Oracle Hyperion Tax Provision is to ensure the autonomy
of both tax and finance throughout the close process The soolution is able to significantly
improve the efficiency of the tax provision by leveraging dataa and process from finance
where appropriate However this is accomplished while still ggiving tax the flexibility to
retain as much or as little control over data and administratiion as desired For
example tax can push down topside journal entries for purpooses of the tax provision
without impacting the results as reported by finance and datta assurance is ensured at
all times through automated validations
2 | ORACLE HYPERION TAX PROVISION
T A C T U S
more information about
k to an Oracle representative
right copy 201nts hereof are subject to change without notice This document is not warrantnties or conditions whether expressed orally or implied in law including implied warranties and conditions of merchants for a particular purpose We specifically disclaim any liability wd either directly ors electronic or mechanical for any purpose without our p
e and Java are registered trademarks of Oracle andor its affiliates Other names may be trademarks of their respective
nd Intel Xeon are trademarks or registered trademarks of Intel Corporation All SPARC trademarks or registered trademarks of SPARC International Inc AMD Opteron the AMD logo and the AMD Opteron logo aremarks or registered trademarks of Advanced Micro Devices UNIX is a registered trademark
he Oracle suite of tax
address transfer pricing
estment in Oracle
cial reporting data and
ith each other and are
ls and efficiency
ransparency between tax
he ability to leverage
thousands of hours in l
impact to the bottom line
ing capabilities Having the
e on low v
attention on risk analysis
C O
For or call +1800ORACLE1 to
spe
Cop for information purposes only and thecont e errorwarr es and conditions of merchantfitne ent and no contractual obligations areform or transmitted in any form or by anymea
Ora trademarks of their respective
Intelare t logo and the AMD Opteron logo aretrad rk
Oracle Hyperion Tax Provision is just one of the products in
suite includes comprehensive capability t
name a few Each of the solutions leverages your existing in
nd is inherently connected to the fina
process Furthermore the tax solutions are fully integrated
designed to empower tax users with enterprise quality contr
Oracle Hyperion Tax Provision provides you with unparallel
Furthermore
existing finance data and process can save tax departments
productivity Together these qualities can result in significan
quality analysis and plan
proper tools allows tax departments to spend less of their ti
focus its
visit oraclecom
Oracle andor its affiliates All rights reserved This document is provideded to
warranties or conditions whether expressed orally or implied in law including implied warrantith respect to this docu
by this document This document may not be reproduce
Oracle and Java are registered trademarks of Oracle andor its affiliates Other names may be
Intel and Intel Xeon are trademarks or registered trademarks of Intel Corporation All SPARC tare trademarks or registered trademarks of SPARC International Inc AMD Opteron the AMtrademarks or registered trademarks of Advanced Micro Devices UNIX is a registered tradem
3 | ORACLE HYPERION TAX PROVISION
O R AC L E D AT A S H E E T
ORACL E EN T ER P R I S E PE R FO RMAN CE MANAG EMENT APP L I C AT IO N S
Oracle enterprise performance
management applications are an
integrated modular suite that supports a
broad range of strategic and financial
performance management processes
and helps unlock business potential
REL AT ED P ROD U CT S
Oracle enterprise performance
management applications provide the
following capabilities
bull Strategy Management
bull Financial Close and Reporting
bull Planning Budgeting and Forecasting
bull Profitability and Cost Management
bull Enterprise Data Governance
The Oracle Tax Suite
Oracle Hyperion Tax Provision is just one of the products in tthe Oracle suite of tax
solutions The tax suite includes comprehensive capability to o address transfer pricing
workflow and process orchestration RampD credit country-by-country reporting ndash just to
name a few Each of the solutions leverages your existing invvestment in Oracle
Hyperion technology and is inherently connected to the finan ncial reporting data and
process Furthermore the tax solutions are fully integrated w with each other and are
designed to empower tax users with enterprise quality contro ols and efficiency
Tax Contributes Significant Value
Oracle Hyperion Tax Provision provides you with unparallel t transparency between tax
data and the underlying source financial data Furthermore t the ability to leverage
existing finance data and process can save tax departments thousands of hours in lost
productivity Together these qualities can result in significant t impact to the bottom line
by empowering tax with enterprise-quality analysis and plann ning capabilities Having the
proper tools allows tax departments to spend less of their tim me on low value-added
activities Instead the corporate tax function can re-focus its attention on risk analysis
and creating shareholder value
C O NN T A C T U S
For more information about Oracle Hyperion Tax Provision visit oraclecom or call +1800ORACLE1 to
speaak to an Oracle representative
C O N N E C T W I T H U S
blogsoraclecomoracle Copy yright copy 2015 Oracle andor its affiliates All rights reserved This document is provided for information purposes only and the conte ents hereof are subject to change without notice This document is not warranted to b be error-free nor subject to any other
facebookcomoracle warra anties or conditions whether expressed orally or implied in law including implied warranti es and conditions of merchanti ability or fitnes ss for a particular purpose We specifically disclaim any liability with respect to this docum ment and no contractual obligations are forme ed either directly or indirectly by this document This document may not be reproduced d or transmitted in any form or by any twittercomoracle mean ns electronic or mechanical for any purpose without our prior written permission
oraclecom Oraclcle and Java are registered trademarks of Oracle andor its affiliates Other names may be trademarks of their respective owners
Intel aand Intel Xeon are trademarks or registered trademarks of Intel Corporation All SPARC trrademarks are used under license and are tr rademarks or registered trademarks of SPARC International Inc AMD Opteron the AMD D logo and the AMD Opteron logo are trade emarks or registered trademarks of Advanced Micro Devices UNIX is a registered tradema ark of The Open Group 0415
f permanent and temporary
rocess
workflow engine collects
world The workflow
he data collection process
vision process at all times
on calculates tax provision
o the consolidated tax
reports
vision as well as the
erion Tax Provision i
ancial Reporting and
d
a in a single solution
vision
the close This allows tax
est
s can be imported into the
urthermore the tax
tax compliance software
fference between
is to ensure the autonomy
lution is able to significantly
and process from finance
iving tax the flexibility to
on as desired For
ses of the tax provisio
a assurance is ensured at
from the financial consolidation system The automation
differences can significantly streamline your tax provision
web tax package and
entered data from regional controllers around th
engine ensures that you have strong internal control over
tus of the tax pr
Oracle Hyperion Tax Provis
from the lowest level of detail (legal entity) all the way up
a full suite of ta
consolidated and detailed analysis of the corporate tax pr
generation of the tax disclosure Furthermore Oracle Hy
integrated with reporting tools such as Oracle Hyperion Fi
Oracle Hyperion Smart View for Office (Microsoft Office A
departments complete access to the live book and tax da
Pr
department durin
of the big
t
seamlessly with your tax return software Tax return detai
application using the industryrsquos best data assurance tool
on and book trial balance can be exported out to th
Oracle Hyperion Tax Provision highlights temporary d
central tenants of Oracle Hyperion Tax Provision
of both tax and finance throughout the close process The s
improve the efficiency of the tax provision by leveraging dat
here appropriate However this is accomplished while still
retain as much or as little control over data and administrat
example tax can push down topside journal entries for purp
without impacting the results as reported by finance and da
O R AC L E D AT A S H E E T
from the financial consolidation system The automation oof permanent and temporary KE Y F E AT U RE S
bull A tax provision calculation engine that addresses US GAAP IFRS and statutory tax reporting
bull A web-based tax package and integrated workflow for global data collection
bull An easy-to-use wizard for automation of tax differences
bull A comprehensive suite of tax reports for the consolidated tax provision -including the tax disclosure
bull Reconciliation of the Tax Accounts to the accounting data and generation of the tax journal entry
bull Powerful reporting tools to support analysis and tax planning in a single solution
bull A return-to-accrual process that integrates and enhances the tax compliance process
bull Configurable supplemental schedules to address unique data collection and calculation requirements
bull A Tax Provision solution that is based on the same technology trusted by thousands of corporate finance organizations
differences can significantly streamline your tax provision pprocess
bullbullbullbull Tax data collection- The complete web tax package and workflow engine collects manually-entered data from regional controllers around thee world The workflow engine ensures that you have strong internal control over tthe data collection process and gives instant insight into the exact status of the tax proovision process at all times
bullbullbullbull Tax provision calculation ndash Oracle Hyperion Tax Provisiion calculates tax provision from the lowest level of detail (legal entity) all the way up tto the consolidated tax disclosure and generates the tax journal entries
bullbullbullbull Tax reporting amp analysis ndash Included are a full suite of taxx reports to support consolidated and detailed analysis of the corporate tax proovision as well as the generation of the tax disclosure Furthermore Oracle Hypperion Tax Provision is fully integrated with reporting tools such as Oracle Hyperion Finnancial Reporting and Oracle Hyperion Smart View for Office (Microsoft Office Addd-in) to allow tax departments complete access to the live book and tax datta in a single solution
bullbullbullbull Insight into late adjustments ndash Oracle Hyperion Tax Proovision provides insight into late adjustments booked by the finance department duringg the close This allows tax users to proactively and efficiently address one of the bigggest bottlenecks of the close process
bullbullbullbull Returnshytoshyaccrual automation ndash There is also a return-too-accrual process that works seamlessly with your tax return software Tax return detaills can be imported into the application using the industryrsquos best data assurance tool FFurthermore the tax provision and book trial balance can be exported out to thee tax compliance software
Figure 1 Oracle Hyperion Tax Provision highlights temporary diifference between Statutory and Tax reporting as a standard feature
Tax Maintains Autonomy
One of the central tenants of Oracle Hyperion Tax Provision is to ensure the autonomy
of both tax and finance throughout the close process The soolution is able to significantly
improve the efficiency of the tax provision by leveraging dataa and process from finance
where appropriate However this is accomplished while still ggiving tax the flexibility to
retain as much or as little control over data and administratiion as desired For
example tax can push down topside journal entries for purpooses of the tax provision
without impacting the results as reported by finance and datta assurance is ensured at
all times through automated validations
2 | ORACLE HYPERION TAX PROVISION
T A C T U S
more information about
k to an Oracle representative
right copy 201nts hereof are subject to change without notice This document is not warrantnties or conditions whether expressed orally or implied in law including implied warranties and conditions of merchants for a particular purpose We specifically disclaim any liability wd either directly ors electronic or mechanical for any purpose without our p
e and Java are registered trademarks of Oracle andor its affiliates Other names may be trademarks of their respective
nd Intel Xeon are trademarks or registered trademarks of Intel Corporation All SPARC trademarks or registered trademarks of SPARC International Inc AMD Opteron the AMD logo and the AMD Opteron logo aremarks or registered trademarks of Advanced Micro Devices UNIX is a registered trademark
he Oracle suite of tax
address transfer pricing
estment in Oracle
cial reporting data and
ith each other and are
ls and efficiency
ransparency between tax
he ability to leverage
thousands of hours in l
impact to the bottom line
ing capabilities Having the
e on low v
attention on risk analysis
C O
For or call +1800ORACLE1 to
spe
Cop for information purposes only and thecont e errorwarr es and conditions of merchantfitne ent and no contractual obligations areform or transmitted in any form or by anymea
Ora trademarks of their respective
Intelare t logo and the AMD Opteron logo aretrad rk
Oracle Hyperion Tax Provision is just one of the products in
suite includes comprehensive capability t
name a few Each of the solutions leverages your existing in
nd is inherently connected to the fina
process Furthermore the tax solutions are fully integrated
designed to empower tax users with enterprise quality contr
Oracle Hyperion Tax Provision provides you with unparallel
Furthermore
existing finance data and process can save tax departments
productivity Together these qualities can result in significan
quality analysis and plan
proper tools allows tax departments to spend less of their ti
focus its
visit oraclecom
Oracle andor its affiliates All rights reserved This document is provideded to
warranties or conditions whether expressed orally or implied in law including implied warrantith respect to this docu
by this document This document may not be reproduce
Oracle and Java are registered trademarks of Oracle andor its affiliates Other names may be
Intel and Intel Xeon are trademarks or registered trademarks of Intel Corporation All SPARC tare trademarks or registered trademarks of SPARC International Inc AMD Opteron the AMtrademarks or registered trademarks of Advanced Micro Devices UNIX is a registered tradem
3 | ORACLE HYPERION TAX PROVISION
O R AC L E D AT A S H E E T
ORACL E EN T ER P R I S E PE R FO RMAN CE MANAG EMENT APP L I C AT IO N S
Oracle enterprise performance
management applications are an
integrated modular suite that supports a
broad range of strategic and financial
performance management processes
and helps unlock business potential
REL AT ED P ROD U CT S
Oracle enterprise performance
management applications provide the
following capabilities
bull Strategy Management
bull Financial Close and Reporting
bull Planning Budgeting and Forecasting
bull Profitability and Cost Management
bull Enterprise Data Governance
The Oracle Tax Suite
Oracle Hyperion Tax Provision is just one of the products in tthe Oracle suite of tax
solutions The tax suite includes comprehensive capability to o address transfer pricing
workflow and process orchestration RampD credit country-by-country reporting ndash just to
name a few Each of the solutions leverages your existing invvestment in Oracle
Hyperion technology and is inherently connected to the finan ncial reporting data and
process Furthermore the tax solutions are fully integrated w with each other and are
designed to empower tax users with enterprise quality contro ols and efficiency
Tax Contributes Significant Value
Oracle Hyperion Tax Provision provides you with unparallel t transparency between tax
data and the underlying source financial data Furthermore t the ability to leverage
existing finance data and process can save tax departments thousands of hours in lost
productivity Together these qualities can result in significant t impact to the bottom line
by empowering tax with enterprise-quality analysis and plann ning capabilities Having the
proper tools allows tax departments to spend less of their tim me on low value-added
activities Instead the corporate tax function can re-focus its attention on risk analysis
and creating shareholder value
C O NN T A C T U S
For more information about Oracle Hyperion Tax Provision visit oraclecom or call +1800ORACLE1 to
speaak to an Oracle representative
C O N N E C T W I T H U S
blogsoraclecomoracle Copy yright copy 2015 Oracle andor its affiliates All rights reserved This document is provided for information purposes only and the conte ents hereof are subject to change without notice This document is not warranted to b be error-free nor subject to any other
facebookcomoracle warra anties or conditions whether expressed orally or implied in law including implied warranti es and conditions of merchanti ability or fitnes ss for a particular purpose We specifically disclaim any liability with respect to this docum ment and no contractual obligations are forme ed either directly or indirectly by this document This document may not be reproduced d or transmitted in any form or by any twittercomoracle mean ns electronic or mechanical for any purpose without our prior written permission
oraclecom Oraclcle and Java are registered trademarks of Oracle andor its affiliates Other names may be trademarks of their respective owners
Intel aand Intel Xeon are trademarks or registered trademarks of Intel Corporation All SPARC trrademarks are used under license and are tr rademarks or registered trademarks of SPARC International Inc AMD Opteron the AMD D logo and the AMD Opteron logo are trade emarks or registered trademarks of Advanced Micro Devices UNIX is a registered tradema ark of The Open Group 0415
T A C T U S
more information about
k to an Oracle representative
right copy 201nts hereof are subject to change without notice This document is not warrantnties or conditions whether expressed orally or implied in law including implied warranties and conditions of merchants for a particular purpose We specifically disclaim any liability wd either directly ors electronic or mechanical for any purpose without our p
e and Java are registered trademarks of Oracle andor its affiliates Other names may be trademarks of their respective
nd Intel Xeon are trademarks or registered trademarks of Intel Corporation All SPARC trademarks or registered trademarks of SPARC International Inc AMD Opteron the AMD logo and the AMD Opteron logo aremarks or registered trademarks of Advanced Micro Devices UNIX is a registered trademark
he Oracle suite of tax
address transfer pricing
estment in Oracle
cial reporting data and
ith each other and are
ls and efficiency
ransparency between tax
he ability to leverage
thousands of hours in l
impact to the bottom line
ing capabilities Having the
e on low v
attention on risk analysis
C O
For or call +1800ORACLE1 to
spe
Cop for information purposes only and thecont e errorwarr es and conditions of merchantfitne ent and no contractual obligations areform or transmitted in any form or by anymea
Ora trademarks of their respective
Intelare t logo and the AMD Opteron logo aretrad rk
Oracle Hyperion Tax Provision is just one of the products in
suite includes comprehensive capability t
name a few Each of the solutions leverages your existing in
nd is inherently connected to the fina
process Furthermore the tax solutions are fully integrated
designed to empower tax users with enterprise quality contr
Oracle Hyperion Tax Provision provides you with unparallel
Furthermore
existing finance data and process can save tax departments
productivity Together these qualities can result in significan
quality analysis and plan
proper tools allows tax departments to spend less of their ti
focus its
visit oraclecom
Oracle andor its affiliates All rights reserved This document is provideded to
warranties or conditions whether expressed orally or implied in law including implied warrantith respect to this docu
by this document This document may not be reproduce
Oracle and Java are registered trademarks of Oracle andor its affiliates Other names may be
Intel and Intel Xeon are trademarks or registered trademarks of Intel Corporation All SPARC tare trademarks or registered trademarks of SPARC International Inc AMD Opteron the AMtrademarks or registered trademarks of Advanced Micro Devices UNIX is a registered tradem
3 | ORACLE HYPERION TAX PROVISION
O R AC L E D AT A S H E E T
ORACL E EN T ER P R I S E PE R FO RMAN CE MANAG EMENT APP L I C AT IO N S
Oracle enterprise performance
management applications are an
integrated modular suite that supports a
broad range of strategic and financial
performance management processes
and helps unlock business potential
REL AT ED P ROD U CT S
Oracle enterprise performance
management applications provide the
following capabilities
bull Strategy Management
bull Financial Close and Reporting
bull Planning Budgeting and Forecasting
bull Profitability and Cost Management
bull Enterprise Data Governance
The Oracle Tax Suite
Oracle Hyperion Tax Provision is just one of the products in tthe Oracle suite of tax
solutions The tax suite includes comprehensive capability to o address transfer pricing
workflow and process orchestration RampD credit country-by-country reporting ndash just to
name a few Each of the solutions leverages your existing invvestment in Oracle
Hyperion technology and is inherently connected to the finan ncial reporting data and
process Furthermore the tax solutions are fully integrated w with each other and are
designed to empower tax users with enterprise quality contro ols and efficiency
Tax Contributes Significant Value
Oracle Hyperion Tax Provision provides you with unparallel t transparency between tax
data and the underlying source financial data Furthermore t the ability to leverage
existing finance data and process can save tax departments thousands of hours in lost
productivity Together these qualities can result in significant t impact to the bottom line
by empowering tax with enterprise-quality analysis and plann ning capabilities Having the
proper tools allows tax departments to spend less of their tim me on low value-added
activities Instead the corporate tax function can re-focus its attention on risk analysis
and creating shareholder value
C O NN T A C T U S
For more information about Oracle Hyperion Tax Provision visit oraclecom or call +1800ORACLE1 to
speaak to an Oracle representative
C O N N E C T W I T H U S
blogsoraclecomoracle Copy yright copy 2015 Oracle andor its affiliates All rights reserved This document is provided for information purposes only and the conte ents hereof are subject to change without notice This document is not warranted to b be error-free nor subject to any other
facebookcomoracle warra anties or conditions whether expressed orally or implied in law including implied warranti es and conditions of merchanti ability or fitnes ss for a particular purpose We specifically disclaim any liability with respect to this docum ment and no contractual obligations are forme ed either directly or indirectly by this document This document may not be reproduced d or transmitted in any form or by any twittercomoracle mean ns electronic or mechanical for any purpose without our prior written permission
oraclecom Oraclcle and Java are registered trademarks of Oracle andor its affiliates Other names may be trademarks of their respective owners
Intel aand Intel Xeon are trademarks or registered trademarks of Intel Corporation All SPARC trrademarks are used under license and are tr rademarks or registered trademarks of SPARC International Inc AMD Opteron the AMD D logo and the AMD Opteron logo are trade emarks or registered trademarks of Advanced Micro Devices UNIX is a registered tradema ark of The Open Group 0415