of experience w/ indirect tax in Oracle
in your indirect tax process
of European Indirect Tax regulations
Getting all the numbers right for periodic and annual VAT declarations and reporting is a hell of a job. Especially when you’re still struggling with Excel and its many flaws to come up with a watertight tax reconciliation. Just ask your Tax or Finance Manager. With itax4apps you can simply drill down directly to detailed information right from the VAT summary statements, even to the level of the invoice or invoice scan.
Compliance demands and increasing digitization at tax authorities across the EU are not making things any easier for Tax and Finance Managers. All the more so because the standards for reporting and submitting tax declarations vary from country to country. With itax4apps you are always up to par without having to worry about such things as VAT number validation and applying the right tax boxes.
Processed and stored centrally, there is only one source of truth with itax4apps. Whether VAT summary statements, audit trails or actual declaration, with all the numbers right, accounted for and available on time, tax reporting is actually child’s play and can be done in near real-time. This includes direct insight into reconciliation with the General Ledger.
SAF-T is the standard for electronic exchange of tax documents in most EU countries. In other countries, however, different standards such as JPK and FEC apply. It’s good to know that itax4apps is both equipped and certified for any filing standard applicable. What’s more, we are already anticipating impending regulation requiring companies to present their invoices to tax authorities before sending them to customers.
Itax4apps bridges the indirect tax gap between Oracle ERP software and your regulatory and business requirements. Based on nearly twenty years of tax and software development experience, itax4apps can tackle any indirect tax issue you may have. What really sets us apart is our top-down approach as the desired outcome is presented first (high level), followed by a top-down approach using drilldowns. With full insight into and control of the entire process, you can say goodbye to troubled faces and coffee IVs.
As no two organizations or countries are exactly alike, our highly experienced consultants adapt our tax solution to make it fit like a glove. Anticipating future international tax rules and changes, some of which are already quite concrete, itax4apps has been designed with flexibility and scalability in mind. Both in terms of tax compliance and digitization demands.
With many years of Oracle as well as international tax experience, we also know exactly how to align your tax declarations with all applicable requirements by tax authorities across the EU. Both fiscally and in terms of required third-party reporting software and filing format as prescribed by tax authorities. Being active in most EU countries we won’t be taken by surprise by new tax laws and regulations. As a result, neither will you.
Depending on the IT resources available within your organization and on the degree of unburdening you are comfortable with, you can also call on us for customized courses. These range from individual training sessions that last a few hours to multi-day group courses.
We are very proud to have awarded our valuable Alliance Partner 4apps for their expertise on Oracle NetSuite ERP. It is all about the people that makes an organization unique!
Robert Munnichs Alliance manager Benelux & Dach
Our Success Stories
Our VAT took 1 to 2 days previously... now it takes maybe 2 hours! We improved a lot and now we’re really happy. It’s such a great tool!
Elisabet Cuevas Canon Medical Spain
Our Success Stories
"4Apps helps us strategize and improve Netsuite enabling Fastned to be administratively ready for the future, which is characterized by further rapid growth."
Simon Batchelor Financial Controller Fastned
With itax4apps leverage the power of Oracle connectors and Tax authority integrations for your Indirect Tax VAT solution. Press the power button and reach out to us by filling in the form.
Our VAT took 1 to 2 days previously... now it takes maybe 2 hours! We improved a lot and now we’re really happy... the result has been incredible. You can see every day what the transactions are and if something is wrong -- it’s such a great tool!
"By using 4Apps we have a Netsuite partner who knows our processes extremely well and helps us strategize and improve Netsuite enabling Fastned to be administratively ready for the future, which is characterized by further rapid growth."