Tax and Finance Operate

EY teams can help you reimagine your tax and finance operating model to keep pace with evolving regulation, technology and talent demands. Constantly adapting your own capabilities is challenging and costly. Instead, with EY Tax and Finance Operate (TFO), you can outsource or co-source select activities, leveraging our significant investment in technology, people and process.

Direct to your inbox

Find out how we help industry leaders solve their toughest business challenges.

Subscribe

Group of young men and women jogging

Why five years of transforming tax and finance functions is paying off

New tax operating models in the last five years delivered value to businesses, our survey shows. The next five years will add even more.

Find out more

 

Benefits of the Tax and Finance Operate solution

Tax and finance functions today face dynamic pressures in staying on top of legislative change globally, keeping pace with technology, and attracting and retaining professionals with future-focused skills. These functions face a tall order: do more, and provide more value, with fewer resources and continuing pressure to reduce costs, in a rapidly changing world of risk and regulation. How can they be equipped with digital capabilities that evolve alongside the market, with human help whose talents also must adapt? By establishing a new co-sourcing or outsourced managed services operating model to:

  • Manage risk and improve visibility. Standardized workflows and dashboarding will provide you confidence through increased transparency and control over global filing obligations. Real-time dashboards also allow you to monitor and stay abreast of global tax controversy.
  • Realize increased value from data. Thanks to structured data, advanced analytics and visualization tools, your data can be transformed into powerful new insights. This transformation allows for your function to provide more strategic value to your organization in a time of greater complexity and disruption.
  • Drive innovation, transformation and new ideas. EY professionals who understand your business bring you new perspectives through significant investment in artificial intelligence, machine learning and the EY Global Tax Platform. We work with you to provide a co-source, or outsourced, solution to help you meet your operations transformation needs, providing continuous improvement and innovation.
  • Improve efficiencies. Significant investment in leading technology, standardized processes, and service centers of excellence enable activities to be performed more efficiently. Through a co-sourcing managed services relationship, your team can spend more time on strategic developments, such as advising on tax and controversy matters.

The EY and Microsoft Alliance: Tax transformation, solved

Key Tax and Finance Operate features

Experienced tax and finance professionals

In a world of change, we understand how tax policy works and are attuned to legislative developments wherever you do business. You gain a globally consistent, dedicated client service team committed to the delivery of exceptional client service, and it links to 54,000 EY tax professionals in more than 140 countries. The co-sourcing model helps you retain responsibility for the strategy, policy and accountability of your tax and finance function, while we help you meet all your compliance obligations through managed services.

Transformation aided by innovative tax technology 

The EY Global Tax Platform (GTP), powered by Microsoft Azure, shares information in real time, automates and helps to digitally enable processes, allowing tax and finance professionals to reimagine operations through transformation. It provides state-of-the-art technology, via a plug-and-play architecture, that can improve risk management and tax governance through global visibility and control. It also can enhance tax data quality, provide high-value analytics and help identify opportunities.

EY announces expansion of tax and finance operate digital solution suite with Microsoft

TFO solution on EY Global Tax Platform, powered by Microsoft Azure, shares information, automates, and digitally helps enable tax and finance processes in the cloud.

Read more

EY announces global tax and finance managed services agreement with Nokia

Ernst & Young LLP (EY) announces a new global tax and finance agreement with Nokia Corporation to deliver tax and finance, data and technology managed services across 127 countries.

Read more

Contact us

Like what you’ve seen? Get in touch to learn more.