Explanations for taxability decisions along with statute and citation references are available at a transaction level right through the web portal.
Intuitive rules engine handles custom data management needs such as tax determinations, tax overrides and custom tables.
Pinpoint accuracy with our industry first, proprietary GIS method – even for remote locations!
Centralized reporting across all business units with search capabilities rather than static fields.
CereTax P2P gets smarter over time. The more transactions it sees, the more informed it becomes.
Yesterday’s transactions form the basis for today’s tax rule configurations.
Minimize ERP customization by deriving location identifiers using available attributes via robust rules engine.
Graphic Information System (GIS) analyzes and displays geographically referenced data attached to each jurisdiction.
Jurisdictions are layered around a pinpoint location to accurately display the boundaries of each authority.
More than a tax calculation platform, CereTax provides robust data analytics tools and integrated data analytics with tax configurations.
Audit Management is centralized through the CereTax platform.
Every transaction can be traced to source data with references to specific authoritative research – statutes, rules, regulations, hearings, letter rulings, etc.
Use tax accrual entries are generated from the same source and feature as compliance output to minimize reconciliation effort.
Flexible report templates enable you to generate output quickly and accurately. You can also create your own report templates for specific uses.
In milliseconds CereTax receives and returns the information to the purchasing (PO/AP) platform. In addition to a real time API call, a secondary batch upload can provided an increased level of accuracy.
CereTax sends the relevant information back to the purchasing platform or ERP and stores the necessary data for reporting.
Tax Variances - the difference between the tax that a vendor charges and the tax that CereTax calculates - represents a key objective of P2P. Identifying where vendors are over charging or undercharging tax is simple and intuitive.
Reporting and analytics information is stored at the transaction level for detailed interactive reports for internal use and audit support.
CereTax is the only true cloud indirect tax solution built to automatically scale to meet your growing needs when you:
All through one platform!
Most sales and use tax errors occur on purchases, CereTax gives you tax certainty so you don't worry about dealing with:
CereTax has the unique ability to interpret and tax sensitize subjective purchase transactions through a logical and AI based rules engine. These rules and the transactions they interact with are easily visible down to a granular level.
Accuracy is two-fold: the actual tax rate itself and the geolocation of the rate where it applies. With our in-house research staff, comprised of accountants and JD's, we track all changes down to the citation for every taxable jurisdiction in the US and Canada to ensure all tax rates are accurate and constantly updated in the platform.
Maintaining and updating geocodes is a thing of the past. With our industry first, proprietary GIS method for pinpoint accuracy you can:
CereTax uses a state-of-the-art security matrix to continuously monitor 100+ internal security controls across the organization against the highest possible standards. Which means:
CereTax and our world class network of partners can solve all your business tax challenges. From sales, to tax on purchases, exemption management, registrations and compliance, we can handle it all.