SOFY Tax Monitor - KPMG · Monitor your VAT data and flows Better manage VAT in your organization...
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SOFY Tax Monitor Effective analysis on VAT data and compliance by using the newest technologies in ERP analytics. SOFY Tax solution Monitor VAT expenses and calculations Cross-border sales and procurement Trends and expenses analysis Analyze VAT statements VAT exemption assessment Compliance monitoring
Transcript of SOFY Tax Monitor - KPMG · Monitor your VAT data and flows Better manage VAT in your organization...
SOFY Tax Monitor
Effective analysis on VAT data
and compliance by using the
newest technologies in ERP
analytics.
SOFY Tax solution
Monitor VAT expenses and calculations
Cross-border sales and
procurement
Trends and expenses analysis
Analyze VAT statements
VAT exemption assessment
Compliance monitoring
How can we establish monitoring on our tax
compliance and learn our users to record our
transactions correctly?
Am I compliant to VAT regulations and what are
the breaches in my system?
How can I gain insights in my VAT flows and the
quality of data?
Where can I find support for analyzing VAT
statements and efficiency opportunities?
Monitor your VAT data and flows
Better manage VAT in your organization
Detect and prevent compliance breaches
Analyse VAT statements and flows
Rely on high-end audit knowledge
Get notifications on compliance risks and breaches
Analyse VAT use and impact on sales and procurement
Learn users to be compliant
Leverage KPMG knowledge and best practices
Introducing the SOFY Tax Application
SOFY Tax creates insights in VAT
compliance and flows within SAP, Oracle
and Microsoft Dynamics ERP systems. The
platform use an unique cloud based
approach where data streams are analyzed
and exceptions identified in real time. The
solution is an accelerator to implement solid
VAT processes and configuration.
The simple and intuitive tool has been
developed for effective compliance
management in your ERP system. Real time
insights and alerts can be used for the
benefit of detecting and preventing
compliance breaches. The dashboards are
developed to support VAT process analysis
and decision making by management.
The cloud service can be directly connected
to your existing ERP backend and requires
minimal deployment and maintenance effort.
The integrated KPMG knowledgebase
makes user adoption and implementation
seamless.
How it works
Tax dashboards & analytics
VAT flow monitoring
VAT compliance analysis
Master data checks
VAT exemption analysis
SOFY Tax
VAT analysis
Sales & Procurement
Compliance monitoring
Summary
Tax dashboards & analytics
The Tax summary dashboard offers a
quick insight to the key statistics of the
different modules. The dashboard
displays several powerful tools that
provide analysis on an aggregated level
for management.
The VAT analysis dashboard gives
deeper insights in the statistics of sales,
procurement and VAT expenses.
Useful graphs such as supplier and
client overviews and analysis of tax
group and percentage use.
By notifying users on compliance risks
and breaches, the SOFY platform tries
to influence behavior and establish a
more solid VAT recording and
processing flow.
Alerts
Contact Information:
Aart-Jan BoorManager, Management Consulting
T: +31 (0) 621298237 E: [email protected]
Emiel van KampenConsultant, Management Consulting
T: +31(0) 623142074E: [email protected]
© 2015 KPMG Advisory N.V., registered with the trade register in the Netherlands under number 33263682, is a subsidiary of KPMG
Europe LLP and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative
(‘KPMG International’), a Swiss entity. All rights reserved. Printed in the Netherlands. The KPMG name, logo and ‘cutting through
complexity’ are registered trademarks of KPMG International.
Professional services
Service & Implementation
Implementation
We believe that a combined offering of
our innovative solutions and services
from our experienced business
consultants further increases our added
value to your organization.
In short and focused advisory projects
we can quickly make a lasting impact
on your organization and realize
tangible improvements.
In addition our on-, near- and off-shore
delivery centers can provide various
managed services for the different
business apps we have available. By
trusting complex and non-core
processes to our skilled teams you can
focus on the things that directly
contribute to your business goals.
The SOFY implementation process is
simple and straightforward. The effort
required to set up the data exchange is
limited, based on standard Microsoft/
SAP technology and well supported by
documentation and our support team.
Implementing SOFY can be done in just
a few days.
This service has been designed with
high security requirements and
standards. In addition a penetration test
has been performed as part of our
security policy.
The data centers that are used for our
cloud service comply with various
industry standards.
Security
