2008-10-07 18:53:03 -
www.planitax.com - Planitax, Inc. Tsailing Merrem, 510-748-6257 Tsailing.merrem@planitax.com Planitax, Inc., the leading provider of tax information management solutions for corporate tax departments, today unveiled the Professional Edition of its acclaimed Horizons Suite. Designed for small to mid-size companies with annual revenues of 500 million or below, Horizons Professional Edition gives corporate tax departments a
suite of integrated solutions designed to manage information, automate processes, and establish internal controls around the broader tax lifecycle process. Built on the same sophisticated platform as the Horizon Enterprise Edition, the Professional Edition provides added flexibility, ease-of use and scalability to meet the unique needs of growing companies. The company has also scheduled a live webinar to present this new product. To register, click here.
Corporate tax departments across the board are facing challenges that include heightened regulatory scrutiny, increased tax risks and compressed time frames for getting information. Limited resources further exacerbate the effect of these problems, according to Greg Prow, chief executive officer of Planitax. "The pain is even more pronounced in the small to mid-size companies," said Prow. "In talking to tax directors at these organizations, we learned that they prefer a common technology platform that allows them to multi-task efficiently, instead of having multiple point solutions strung loosely together and demanding time-consuming manual intervention. The Horizons Suite provides all the tools, accessible via the web, so corporate tax professionals can collect data, manage all the vital information through out the tax life cycle, and have a single point of visibility into their departments' projects and processes."
Delivered via Software as a Service (SaaS), Horizons Professional provides a common platform which helps Tax professionals manage internal processes, as well as critical data and documents. With Horizons, these tax professionals can readily address challenges throughout the corporate tax life cycle, including collecting data, calculating provision, managing tax positions, managing projects and schedules, automating workflows and managing audits. Horizons Professional helps streamline processes, automate administrative or routine tasks, straighten internal controls, reduce risks and exposure; and ultimately, free up valuable resources to allow tax professionals to focus on strategic planning.
Expandable, Scalable Solution
The Horizons Professional Edition provides a suite of integrated software modules that may also function as standalone solutions. This integrated yet flexible and expandable structure allows small and mid-size companies to select the appropriate deployment plan that fits their companies' needs. The modular approach also makes scaling up and expanding the capabilities of the system over time very simple.
Professional Services
The Professional Edition also includes the same level of excellence in client services as the Enterprise Solution. Setup, configuration, training, maintenance and support are included with the subscription of every module. In addition, Planitax also offers extended services such as technology consulting services, process consulting and system integration. Twenty-four hour/seven days per week on call services are also available.
Software Modules in the Horizons Professional Edition include:
Tax Operations Professional Edition provides project management; contact and resource management capabilities, and tax calendaring capabilities.
File Manager(TM) Professional Edition is a comprehensive document management solution developed specifically for the storage and tracking of tax-specific documentations and work papers. Seamlessly integrated with all the modules in this suite, documents can be associated with multiple applications, File Manager providing a shared document repository that can be linked across the entire tax life cycle.
Data Collector(TM) Professional Edition automates the error prone, time consuming task of tax package data collection.
Global Entity Manager(TM) Professional Edition tracks comprehensive entity attributes, including; governance information, M&A activity, tax jurisdictions, registered agents, transfer pricing agreements and inter-company transactions.
Tax Positions(TM) Professional Edition manages all FIN 48 related tax positions.
Planitax Workflow Manager(TM) Professional Edition automates a wide range of repeatable tax processes that involve task assignments, document routing, reviews and approvals, notifications, and progress tracking.
Audit Manager(TM) Professional Edition tracks critical audit information and provides rapid access to supporting documentation.
Provision Manager(TM) Professional Edition (FAS 109) automates the global tax provision process and creates relevant reports and detailed analyses that satisfy both tax and financial needs.
About Planitax
Planitax, Inc. is the leading provider of tax information management solutions and services that enable corporate tax departments to efficiently and effectively manage the data required to reduce operating costs, strengthen tax positions, improve internal controls and mitigate risks. The company's Corporate Tax Horizons suite targets a range of tax processes such as document management, data collection, entity management, FIN 48, R&D tax credit automation, FAS 109, audit management and other core tax functions. For more information, call 800-606-3080 or visit www.planitax.com.
Planitax, Corporate Tax Horizons and the Planitax logo are trademarks or registered trademarks of Planitax, Inc. in the United States and other countries. Other trademarks mentioned are properties of their respective owners.
SaaS-Based Tax Information Management Suite Affordably Boosts
Productivity for Small to Mid-sized Companies
