Solution Overview

With state-of-the-art workflows, to drive review and approval processes, to sending alerts to the appropriate personnel for further verification and validation, Tax remediation and reporting at Pre-Filing, Filing and Post-Filing stages of your Tax Processing

A Digital Insurance Tax Platform and much more ....

A cloud based insurance solution for Domestic and International Insurers doing business in the United States, 3 territories, and 11 Canadian Provinces

An enabling and shareable platform that unites front office business operations and back office finance and tax accounting areas

Enabling and flexible job scheduling and event trigger automation based upon your business and accounting cycles

Designed to calculate and report on taxes at a federal, state, county and city level

Real time insurance premium calculation liabilities with analytics and dashboard to capture tax metrics and reporting

Modern API and transformative tool technologies enabling Cloud or On Prem solutions platform harmonization

Automated journal entry generation and integration with ERP solutions

Capabilities and Features "At a Glance" ...

End to End Premium Tax Accounting capabilities, not just external reporting

Rates and Rules continuously maintained for all legal jurisdictions

Driver and Metric driven actual, budget and forecast data modeling dashboards

A Robust Scalable Cloud Based Tax Engine for real time tax calculations

Integrated, standalone or event driven automated data ingestion capabilities

End user friendly flexible rule, rate configurator tools, and validation controls

Policy level tax calculations and journal entries for all 50 states, 3 US territories, and Canadian provinces

Advanced AI and Decision Learning to minimize tax, surface lost deductions and credits not taken

Integration with ERP systems including multiple platform extensions, with both SAP and Microsoft core ERP ssystems

Document management to facilitate pre-filing, filing and post filing requirements

End to End Premium Tax Calculation to Payable to Payment Traceability

Robust cloud security architecture, and user role based security & controls

Serving Users Across the Value Chain

Underwriting

Utilizing the geo-mapping attributes underwriters can gain insight on which domiciled companies have the lowest tax exposure. Hence ensuring a policy premium quote with reduced tax exposure

Sales & Marketing

Improve cost competitiveness on premium quotes for new and existing customers leveraging the marketing campaign geo-mapping attributes capabilities

Product Developers

Cognitive Technology ability to apply machine learning to identify new insights and trends in lines of business, geographies and user defined markets

Insurer & Brokers Portal

Provides tools for brokers, and sales teams to gain and share insights into financial and sales performance metrics at a deeper level than ever before.

Treasury - Cash Management Operations

Enhance Treasury management and cash flow with Federal and state liability legal entity expense and payment projections, internal allocations, and cash management and cash flow capabilities

Finance and Accounting

Use of each client's unique Chart of Accounts to generate General Ledger and Sub-Ledger journals, that reconcile back to calculated policy level to ASL and other needed industry regulatory schedules

Tax Teams

Designed AI Learning and detailed business rules to identify state, county and municipal tax deductions reducing taxable revenue to lowest possible amount allowed by law

IT - Solution Architects

Leverages existing data standardization and controls, integrate to existing environments and improve audit compliance by eliminating offline "disconnected" spreadsheets and point solutions

Internal and External Auditors

Real time generation of policy level data in support of Tax, Regulatory Compliance not previously possible. Ad- Hoc query access and increased data transparency, reducing audit costs and durations

IT - Production Support

Automated ingest and data consolidation for premium payments from existing insurance company legacy or packaged systems and cloud service solutions. With event scheduling capability, security and controls