Tax and Revenue Management

Why Oracle

• Oracle provides tax and revenue management solutions that improve collections and taxpayer outcome, manage complexity, and reduce risk and administrative cost
• Oracle delivers complete, integrated shared service solutions for core tax and revenue management functions
• Taxing entities can leverage a tax and revenue collections-specific, natural language-based rules engine for managing taxation guideline compliance
• Oracle offers enterprise software, hardware services, and industry-specific expertise that provide a complete, open, and integrated platform
• Organizations can improve collections and taxpayer outcome, manage complexity to ensure compliance, and reduce risk and administrative cost

Oracle in Tax and Revenue Management

• Delivers a single, consolidated view of the taxpayer across all revenue sources, improving collection and taxpayer outcomes
• Integrates with external data and processes and proactively monitors tax and revenue collection, forecasts returns, detects fraud, and assesses results
• Empowers business users to develop and manage rules directly from tax legislation and policy documents, streamlining automation of legislation
• Automates and document license, fees and tax burdens, penalties, deductions, and other guidelines
• Tests the impact of proposed legislation, regulation, and policy changes by allowing what-if analysis of proposed amendments
• Reduces risk and administrative cost while decreasing the revenue gap via a modern, secure enterprise application and technology architecture
• Implements open, sustainable integration of permits, licenses and fees, tax refunds, and other payments processing

More about Oracle Public Sector

Oracle provides national and local governments with a complete, open, and integrated suite of applications, server, and storage solutions engineered to work together to optimize every aspect of their operations.