Consolidation of Global Indirect Tax Reporting Engines

Currently, we use 4 different indirect tax software engines and we would like to consolidate this process into a single global solution. This could streamline our tax remittance and reporting obligations including sales tax and VAT tax, etc:

• Onesource - UK Calculates VAT tax engine that calculates the VAT, domestic vs. cross-boarder, services, etc.

  • Onesource compliance - platform where you enter tax data and it produces the return. Same engine is used to calculate VAT and takes data into VAT tax return to send to tax authority.

• Vertex - Used for Retail. US/Canada Calculates VAT and sales tax Canada mirrors US

• Avalara - US used for e-comm sales tax

  • Data for US has to be sourced from several sources including Vertex, Avalara, Oracle, etc. to prepare sales tax filings.

• Oracle/ EBT Tax - APAC Calculates VAT flat rate depending on where item is sold

Vertex

• Could not handle complexity of e-comm sales tax approach

• Went with Avalara because they were ahead of the game at the time

• County by county complexity

• Products that are exempt from tax etc.

• If Avalara there would be a backend upgrade needed

• Hard integration between Vertex and Avalara

Global Solution

• Only one software is robust enough for a Global Solution - Onesource, possible Avalara

• Only launch in certain countries

• If we roll out

  • EMEA already on Onesource

  • Then go to APAC

  • Then go to Canada and North America

RFP

• Demos of each engine

  • When?

  • Latency

  • Back up systems

  • Full architectural review

• Already used in EMEA

  • Could be a light RFP

  • Just pricing RFP

• Need to pressure test for sound architecture

Project Cost, value justification to be determined.