Oracle Hyperion Tax Provision (HTP)
Oracle Hyperion Tax Provision (HTP) is a first-of-its-kind tax reporting solution that integrates directly with the broader financial reporting process. With access to financial data and processes, you can build an effective, efficient, and transparent tax function.
Course Content:
INTRODUCTION
- Problems with Tax Data
- New regulations increase scrutiny on tax
- Lack of out-of-box tax capability in financial systems
STAND-ALONE TAX PROVISION TOOLS PROBLEMS
- Connection to the book data
- Duplication of effort
- Data governance
- Metadata governance –
- Integration resulting in transparency between systems
CORPORATE TAX PROVISION SOLUTION
- Automation of tax data
- Combined collection of tax and financial data (Manual)
- Calculation, Consolidation & Foreign Currency
- Reporting & Analysis
THE ORACLE SOLUTION
- Automated Collection of Tax Data
- Manual Collection of Tax Data
- Calculation, consolidation & foreign currency
- Reporting and analysis
CONCLUSION