ONESOURCE INDIRECT TAX

DETERMINATION, CALCULATION, AND REPORTING SOLUTIONS

The sales & use tax engine of ONESOURCE Indirect Tax (formerly the Sabrix Application Suite) offers the only consolidated approach to sales and use tax determination, calculation, and reporting. It delivers:

The appropriate tax at every point in a transaction's lifecycle
Automated determination and calculation
Auditable recording of policy and transactions
Application- and system-independent connections
No practical limits on data type, size, or source
A multi-country solution
Browser-based tax policy and process toolset
Configuration without coding capabilities
Real-time compliance and cash flow reporting

ONESOURCE Indirect Tax can accept all tax decision, reporting and filing-relevant data sent from sales or purchasing applications so that tax and finance professionals can accurately determine, calculate and record sales and use taxes. It also offers tax rules and algorithms for over 13,000 jurisdictions and a wide range of reporting capabilities, which enable tax professionals to create a documented view of your tax system, policies, and processes - a critical requirement for ensuring compliance.

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Ensure complete data

The ONESOURCE Indirect Tax sales & use tax engine offers unique configuration tools that can be used to determine the most accurate tax possible given limited transaction data. This applies to not only addresses such as ship-to and ship-from, but also any other data elements that may be missing from the transaction. You have complete flexibility and control to ensure that your company's tax policies are applied in all transactions - even when data is limited.

Total integration with your applications

Our adaptors and SDKs integrate ONESOURCE Indirect Tax sales & use tax engine to all business applications that require transaction tax automation, including Oracle and SAP. This integration with your business systems ensures consistent and accurate tax calculation and recording. This fine level of accuracy can also improve cash flow by ensuring correct tax amounts are collected and accrued.

Business Intelligent Reporting

Get the fast, flexible, business intelligent reporting your business needs with ONESOURCE Indirect Tax reporting (formerly SabrixReports). Support your global indirect tax compliance and data analysis needs with the ability to utilize standard or customize reports and incorporate third-party data sources.

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Save time, money, and your sanity

ONESOURCE Indirect Tax offers unique advantages that enable companies to cost-effectively maintain compliance and achieve significant cost savings by minimizing penalties and interests associated with underpayments, recovering capital lost to overpayments, reducing tax department expenses, lowering IT costs for tax technology maintenance, and improving cash management and profitability - all by consolidating tax management processes.