Complexity demands precision
A tax provision is the most important calculation a tax department can make, which is why it’s so important to get it right. Our AI makes navigating a tax provision unimaginably easy—replacing spreadsheets and completely automating the calculation of a company’s effective tax rate, ensuring transparency and traceability.
Time for a calculated change
Calculating your company’s tax provision is challenging at best and the tools at your disposal are not making it any easier. Incumbent offerings are nearly unusable while spreadsheets are simply a mistake waiting to happen. So do you want to keep using these old methods or are you ready to conquer your fear and try something new?
Our solution offers unparalleled precision
We provide a streamlined and simple navigation in an intuitive, user-friendly format that seamlessly takes you through data import to reporting. With no configuration necessary, our bespoke Excel add-in tool allows trial balance data to be pulled from a user’s accounting system and pushed in the software with a few simple clicks.Find out more
Every calculation performed by the software, both in-line and on reports, is made available in plain sight to the user. Also included is a deferred tax prove-out functionality with automated prove-out of GL-driven balances.
Trend Analysis allows you to compare your company’s effective tax rate drivers in the current period to any previous period in both a visual and chart format, providing information needed for the tax footnote and for upper management. ETR Analyzer helps you plan for the future through an interactive determination of the impact of changes to rate drivers on the company’s effective tax rate.
You can export external auditor-ready reports in a formula-based Excel workbook completely linked between reports and supporting data.
Robust dashboards and visualizations
An interactive worldwide and state map provides visuals indicating a company’s effective tax rate by jurisdiction. Dashboard data review provides a quick glance at completion status of the provision components and seamless navigation to applicable data points. And visualizations are provided for key reporting metrics, including effective tax rate, provision, and deferred tax asset/liability.
We offer automated pre-tax book income and GL-driven book-to-tax differences as well as automated blended state rate calculation, federal and local tax rates, and exchange rates.
Flexible data review
You have the ability to review and enter data in multiple ways, including by entity or adjustment. You can also review automated tax and exchange rates either by entity or in bulk.
AI is constantly at work throughout the software, continually improving as it ingests more data. AI serves to identify tax-sensitive accounts, new accounts, changed balances from previous imports, and data anomalies.
Flexibility to run reports by entity or custom-defined group is available in-line and for export to Excel. You can also export all data review screens, dashboards, visualizations, and analytics.
Track change functionality
Each movement in the software is identified and recorded to ensure data integrity and bolster internal control processes. “Track Change” reporting enables users to compare two time-stamped reports with the system identifying exactly what changed between each version and the impact of the change.
Tech and Training
Unlimited software support for your success
CrossBorder Solutions’ customer success team will provide unlimited training on how to use the provision software, and will seamlessly implement your data into the software to ensure your success. Because we understand how urgent provision calculations are, you will have unfettered access to our experts through real-time chat and phone support whenever you need it.
Our AI-powered solution
Fiona delivers confidence with calculations
From our groundbreaking software platform comes Fiona, our advanced AI tax expert, to assist your tax team in accurately preparing your tax provision, while dramatically reducing the time spent on the process.
Our AI also provides advanced analytic insights and removes the need to map data year over year, continuing to drive provision efficiency and accuracy moving forward. A process with greater precision for total control and confidence.