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White Paper: How to Reduce Risk, Improve Transparency and Increase Efficiency in Tax Provisioning


How to Reduce Risk, Improve Transparency and Increase Efficiency in Tax Provisioning

Like many in finance and accounting, tax departments have historically relied on spreadsheets for tax data collection, provisioning and reporting.  With Tax accounting still a leading cause for financial restatements and material weaknesses, a purpose-built tax provisioning application can materially decrease accounting close cycles while delivering increased accuracy and transparency. 

This white paper highlights:

  • The problems caused by using spreadsheets for tax provisioning
  • The advantages provided by aligning financial reporting and tax provisioning

We now have a unified system that is giving us significantly improved access to our data with flexibility in reporting and analysis. We also have significantly more transparency, visibility and control over our business. We could not be happier with the unified OneStream XF solution and the powerful integration capabilities. The system is fast, powerful and lets us get to any transaction in seconds. Tim Foley | former Controller at AAA Life Insurance

AAA Life Insurance Speeds Financial Close, Improves Visibility and Transparency with OneStream

Learn how AAA Life Insurance implemented OneStream to support all their financial consolidation, reporting, budgeting and analysis needs. Find out how they are able to drill down from OneStream XF calculated or consolidated numbers all the way back to their transactional ERP system to get rapid answers to critical questions. Read the Case Study