Tax Provision

Sonepar USA Reduces Exposure Risk & Saves Weeks of Provision Prep and Review Time by Automating the Tax Provision Process

Case Studies

Sonepar USA Reduces Exposure Risk & Saves Weeks of Provision Prep and Review Time by Automating the Tax Provision Process

“Automating the provision process has saved Sonepar USA’s tax team upwards of 120 hours (in aggregate) for the 2017 tax-year alone. The GTM team facilitated a smooth transition from our manual Excel approach to take immediate advantage of ONESOURCE Tax Provision (OTP) software. Our new provision process has been recognized positively up to the senior finance executives, raising the visibility and value of our tax department’s contributions to the bottom line.” 
~ Nick Vanderlyke, Senior Manager, Income Tax, Sonepar USA

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A Guide to Outsourcing Corporate Tax Functions

White Papers

A Guide to Outsourcing Corporate Tax Functions

Finance leaders are looking for innovative approaches to talent and technology for growth potential. Their goal is to be more operationally agile — by aligning the right resources to achieve their company’s strategic mission. Leaders can make this goal possible by finding ways to optimize the time and skill sets of their in-house functional teams to be more strategic, while looking outward to acquire alternative resources to provide stability and technical acumen for day-to-day functions. Read this white paper to explore how the right blend of resources and systems can improve a tax department’s overall function and add value to an organization.

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Houghton International, Inc. Trusts GTM to Manage Worldwide Tax Function in Critical Time of Transition

Case Studies

Houghton International, Inc. Trusts GTM to Manage Worldwide Tax Function in Critical Time of Transition

“In a time of transition, I relied on GTM to manage the due diligence and integration process with Quaker’s tax lead, and they delivered. Acting as our internal tax team, GTM identified many opportunities to reduce Houghton’s tax liabilities. They brought the stability and technical tax acumen I needed to meet the day-to day tax reporting and special project needs of a large multinational corporation.” ~ Keller Arnold CFO, Houghton International, Inc.

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Get More out of ONESOURCE Tax Provision v2016

NEWS

July 20, 2017

Get More out of ONESOURCE Tax Provision v2016

This 30 minute webinar will cover the new features and what to consider before you embark on an upgrade.  Key takeaways include: New and improved user interface Workpaper functionality release Import/export capabilities Upgrade considerations The new features of OTP v2016 What to consider before upgrading

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GTMpower Automates Various Tax Processes by Cutting Prep Time up to 80% and Creating Meaningful Analytics

Case Studies

GTMpower Automates Various Tax Processes by Cutting Prep Time up to 80% and Creating Meaningful Analytics

For this client, GTMpower reduced total time spent preparing tax data by 50-80%, turning what used to take weeks and months into just a few days. By saving time and providing more transparency into data, implementing GTMpower has enabled the finance and tax organization at this company to become consumers of financial data rather than reconcilers of it. As such, they are identifying risks and opportunities that add extraordinary value to the organization.

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It’s Not the Plan That’s Important, It’s the Planning: Practical Guide to Preparing for Tax Reform

NEWS

February 14, 2017

It’s Not the Plan That’s Important, It’s the Planning: Practical Guide to Preparing for Tax Reform

As President Donald Trump and the Republican-led Congress attempt to define a comprehensive tax reform package, details on policy changes are elusive. However, initial tax proposals released by the Trump Administration and House Republicans provide broad guidelines for what can be expected. As the saying goes, “it’s not the plan that’s important, it’s the planning” — so read on for what’s in the proposal, and a practical guide to preparing for tax reform.

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