faq

FAQ

Q?

How do I know my company is ready for an automated tax solution?

A.

The best way to gauge whether your company is ready for an automated solution is to consider the following:

1)   Determine how much in salary, resources and time is spent each month on the current compliance process.

2)   Determine how much tax exposure due to incorrect application of tax has your company experienced in the last few years.

3)   Estimate how much would the costs be reduced in 1 & 2 above with an automated system.

4)   Determine your resource constraints and benefits from automating manual processes.

5)   What is the ROI needed for funding of such a project for your company?

Q?

Isn’t an automated solution geared toward larger companies rather than smaller companies or start-ups?

A.

No.  Depending on the number and experience of staffed resources, filing jurisdictions and type of business (i.e. ecommerce, retail, etc),  an automated solution can provide countless benefits to companies large and small.  There are various tax solutions available to companies to fit all sized budgets as well.

Q?

Will I have to hire specialized IT resources full-time to support an automated tax solution?

A.

A number of tax solutions have “user” friendly applications and intefaces that even the most basic users can conquer.  In addition, Taxnologi provides excellent production support resources that are cost effective and budget friendly to assist with special projects such as upgrades, product expansions or geographic growth.