Oracle Cloud EPM Tax Reporting
EPM TAX REPORTING
- End-to-End Tax Provisioning
- Country-by-Country Reporting
- Streamlined Tax Process
- Pillar Two Compliance and Readiness
End-to-End Tax Provisioning Made Simple
Access Real-Time Financial Data
Enhance accuracy and efficiency by directly pulling financial information from your general ledger or consolidation system—ensuring tax provisions are always based on the most current data.
Automate Tax Provision Calculations
Streamline the entire tax provision process—from individual legal entities to consolidated tax disclosures. Automatically generate tax journal entries in compliance with both US GAAP and IFRS standards.
Seamlessly Integrate with Tax Compliance Tools
Eliminate manual work by importing data from your existing tax compliance software and effortlessly exporting tax provisions and trial balances when needed.
Streamlined Country-by-Country Reporting (CbCR)
Automate Data Collection
Populate CbCR templates directly from your ERP or financial consolidation systems—ensuring accurate, transparent reporting that ties back to your financial source data.
Gain Deeper Insights
Use built-in dashboards and KPIs to analyze tax data and identify potential audit risks, such as revenue per employee and return on equity.
Enable Global Collaboration
Support local and global tax reporting efforts by enabling corporate tax teams to collaborate seamlessly on local files through Oracle Cloud EPM Narrative Reporting.
Streamline and Strengthen Tax Operations
Automate Tax Schedules
Eliminate manual spreadsheet-based processes by automating data collection, calculation, and analysis for all your tax needs—from provision and compliance to R&D credits and uncertain tax positions—with built-in tax schedule functionality.
Monitor Progress with Real-Time Dashboards
Keep your tax calendar organized with workflows and deadlines for key activities like audits, provision, compliance, and CbCR. Track progress and get a real-time view of your entire tax close process.
Stay on Track and Meet Deadlines
Easily monitor global tax tasks, identify bottlenecks, and improve accountability with visibility across key attributes like status, due dates, priority, ownership, jurisdiction, and tax year.
Pillar Two Compliance and Readiness
Navigate OECD Global Minimum Tax with Confidence
Streamline Pillar Two Tax Calculations
Meet OECD Pillar Two (Global Minimum Tax) requirements by accurately calculating top-up taxes, including GloBE Rules, covered taxes, ETR reconciliations, and overall liability assessments—using a comprehensive, end-to-end solution.
Automate Data Collection Across Systems
Reduce manual effort and streamline compliance by automatically gathering data from diverse systems beyond the general ledger—including ERP, subledgers, HR, consolidation, provision, and CbCR platforms.
Enable Enterprise-Wide Collaboration
Facilitate smooth collaboration between tax, finance, and operations using centralized task management and a shared data model within Oracle Cloud EPM. Track responsibilities, monitor tasks, and ensure alignment across departments.
Model and Forecast Future Impact
Prepare for the long-term implications of the global minimum tax by running forward-looking financial simulations and scenario forecasts using integrated modeling and reporting tools.