TaxARC™

AI-powered cloud solution for indirect tax accrual analysis, data warehousing, and audit readiness.

by DMA · Sales Tax & Indirect Tax

TaxARC™ screenshot

Executive Summary

TaxARC™ is a cloud-based tax analytics and data warehouse solution designed for indirect tax professionals. It leverages advanced AI technologies, including OCR, LLMs, and predictive machine learning, to automate complex accrual calculations and accurately classify taxability. This comprehensive platform simplifies sales and use tax review processes, significantly enhances data accuracy, and streamlines month-end tax operations. The solution provides a centralized data warehouse, offering efficient access to data from multiple source systems. It operates independently of client ERP systems, ensuring fast deployment and reducing IT burden, while maintaining robust security. TaxARC™ also includes powerful features like Multiple Location Allocation to simplify software tax apportionment, helping businesses maximize tax savings and improve audit readiness.

Use Cases

  • Automating month-end sales and use tax accrual calculations.
  • Classifying taxability for various transactions and products.
  • Enhancing audit readiness and supporting tax audits.
  • Simplifying software tax apportionment across multiple locations.
  • Centralizing and analyzing indirect tax data from disparate sources.

Features

Visibility

  • Centralized Data Warehouse: Efficiently access and consolidate indirect tax data from multiple source systems.
  • Tax Analytics: Gain deep insights into sales and use tax data for review and accuracy enhancement.

Intelligence

  • Automated Accrual Calculations: Leverage AI (OCR, LLMs, predictive ML) to automate complex accrual calculations.
  • Taxability Classification: Utilize AI to accurately classify the taxability of transactions and products.
  • Software Apportionment: Simplify software tax apportionment across multiple locations to maximize savings.

Technical Specifications

Architecture
Cloud-based sales and use tax analytics and data warehouse solution
Deployment
SaaS

AI/ML Stack

  • OCR
  • LLMs
  • Predictive ML
  • Machine learning
  • AI-driven intelligence

Pricing

Starting Price
Contact sales
Target Customer
Mid-Market,Enterprise

About DMA

DMA (DuCharme, McMillen & Associates, Inc.) is an employee-owned company specializing in corporate tax challenges, including property tax, transaction tax, state income and franchise tax, and VAT. They provide tax advisory, audit, recovery, and compliance services.

Founded: 1972 · Headquarters: Fort Wayne, United States · Private

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