Tagetik Tax Provision
Automate tax calculations, reconciliations, and disclosures with a unified corporate performance management platform.
Executive Summary
CCH Tagetik Tax Provision is a comprehensive solution within the broader CCH Tagetik Intelligent Platform, designed to streamline and automate the complex process of corporate tax provisioning. It unifies current and deferred tax calculations, effective tax rate reconciliation, and tax disclosures, ensuring compliance with various accounting standards globally. This eliminates manual errors, reduces preparation time, and provides a single, trusted source of tax data. The platform leverages embedded Expert AI, combining agentic AI, machine learning, and predictive analytics to enhance financial processes beyond just tax. This intelligent approach empowers finance teams with advanced insights, enabling more accurate forecasting and strategic decision-making. By integrating tax provision with broader corporate performance management, CCH Tagetik ensures consistency and transparency across financial reporting.
Use Cases
- Automating current and deferred tax calculations
- Reconciling effective tax rates
- Generating tax disclosures compliant with various accounting standards
- Integrating tax data with broader financial consolidation and reporting
- Streamlining tax planning and forecasting processes
Features
Visibility
- Unified Data View: Bring together all HR, project, and financial data in a single trusted source for comprehensive analysis.
- Interactive Dashboards: Visualize financial and operational data to unearth, visualize, and act on insights.
Intelligence
- Expert AI for Financial Processes: Leverage embedded Expert AI, combining agentic AI, machine learning, and predictive analytics for enhanced financial planning and analysis.
- Advanced Business Analytics: Utilize the Analytic Information Hub to embrace business analytics and drive strategy with unified financial processes and data.
Support
- Customer Community: Access a single content and collaboration website developed for employees, operations, partners, and customers.
Technical Specifications
- Architecture
- Unified corporate performance management platform with embedded AI capabilities, designed for scalability and integration with diverse source systems.
- Deployment
- Hybrid
- API Available
- Yes
AI/ML Stack
- Agentic AI
- Machine Learning
- Predictive Analytics
Integrations
- SAP
- Microsoft
- Qlik
- SharePoint
- Microsoft Office
- ERP Systems
- CRM Systems
Pricing
- Target Customer
- Enterprise
About CCH Tagetik
CCH Tagetik provides a comprehensive, data-driven, AI-based Corporate Performance Management (CPM) platform. It offers leading-edge financial planning, world-class consolidation, and trusted regulatory solutions for financial close, extended planning, and more.
Alternatives to Tagetik Tax Provision
- Tax Prodigy Provision by Tax Prodigy — Web-based ASC 740 income tax provision solution for mid-market with audit logs & access controls.
- Tax Series Provision Module by Tax Technologies, Inc. — Automates worldwide tax provision reporting for corporate tax teams, adhering to ASC 740 and IFRS.
- TaxProvisioning by TaxModel International — Automate global tax accounting, reporting, and year-end provision workflows
- Trintech Cadency Tax Provision by Trintech — Automate and streamline tax provision for accurate financial close.
- Vena Tax Provisioning by Vena Solutions — Automate current year tax provisioning with an Excel-native FP&A platform.
- Workiva Tax by Workiva — Streamline tax provision with automated data, calculations, and reporting for financial statements and filings.
- BlackLine Tax Accounting by BlackLine — Automate and standardize tax accounting, provision, and close processes for accuracy and efficiency.
- Bloomberg Tax Provision by Bloomberg Tax — Automate corporate tax provision calculations for accuracy and compliance.