Tax departments, like other company activities, are under increasing pressure to improve their efficiency. At the same time, pressure is mounting on tax to deliver strategic tax perspectives and added value to the business. Tax data analytics can assist meet these growing demands and provide new ways for tax executives and their teams to interact with the rest of the company. To develop insights and a deeper understanding, tax data analytics integrates tax technical expertise, vast volumes of data, and modern technology such as visualisation tools. Tax analytics can assist a company’s tax department in making better, real-time decisions to improve corporate performance and strategy.
This dashboard collects data from a variety of sources and systems across the organisation, analyses it, and then distributes it in the form of reports and presentations which shows tax collection trends and growth for different states for different years.By allowing users to study and understand data in new ways, this dashboard is radically redefining the insights of tax collection.
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