Tax and Revenue Management | Oracle
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Tax and Revenue Management

WHY ORACLE

ORACLE IN TAX AND REVENUE MANAGEMENT

Oracle offers enterprise software, hardware services, and industry-specific expertise that provide a complete, open, and integrated platform for program delivery. Additionally, Oracle has acquired best-in-class tax and revenue management applications and continues to invest in this critical area of the public sector industry.

Oracle's taxation and revenue management solutions help taxation and revenue collection agencies transform their legacy IT systems into enterprise-wide platforms that can support multiple programs, be deployed more rapidly and cost-effectively, and deliver a comprehensive view of the tax base and individual taxpayer.

Oracle provides a complete integrated platform that supports everything from registration, returns processing, taxpayer accounting and assessments, case management, collections, cashiering and revenue accounting to supporting human resources, financial, and performance management operations. Our tax and revenue management solutions can improve collections and taxpayer outcome, manage policy complexity to ensure compliance with rules and legislation, and ultimately shrink the revenue gap, reducing risk and administrative cost.

Oracle is a leader in the public sector, serving the 25 largest national governments, all 15 U.S. federal cabinet agencies, and all 50 U.S. states. Oracle provides public sector tax and revenue management agencies with market-leading IT solutions for servers, storage, virtualized operating environments, database, and middleware as well as CRM for contact centers, ERP for financial and human resource management, and specialized revenue collection platforms for the public sector.

Only Oracle:

  • Delivers complete, integrated shared services solutions for core tax and revenue management functions.
  • Provides a tax and revenue collections-specific, natural language-based rules engine for managing taxation guideline compliance.

Oracle is the market leader in the public sector-and public sector is Oracle's largest customer base.

KEY PRODUCTS FOR TAX AND REVENUE MANAGEMENT

ONLY ORACLE OFFERS SIGNIFICANT BENEFITS

Business Drivers Oracle Enables You to With These Core Components
Improve Revenue Collection and Taxpayer Outcomes
  • Deliver a single consolidated view of the taxpayer across all revenue sources
  • Integrate with external data and processes
  • Proactively monitor tax and revenue collection, forecast returns and revenue gaps, detect fraud, and assess results
Streamline Automation of Tax Legislation
  • Empower business users to develop and manage rules directly from tax legislation and policy documents
  • Automate and document licenses, fees and tax burdens, penalties, deductions, and other guidelines
  • Test the impact of proposed legislation, regulations, and policy changes by allowing what-if analysis of proposed amendments
Reduce Risk and Administrative Cost While Decreasing the Revenue Gap
  • Migrate to a modern, secure enterprise application and technology architecture
  • Transition to a componentized, commercial off-the-shelf (COTS) software solution
  • Implement open, sustainable integration of permits, licenses and fees, tax refunds, and other payments processing
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