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In-house tax teams face the unenviable challenge of managing large volumes of tax obligations with tightening budgets. Penalties, which for Significant Global Entities can surpass $165,000 per late lodgement, underscore the need for a robust system that tracks and ensures timely fulfillment of all tax responsibilities.
PwC's SBIS Smart Collaboration solution will give you visibility and control where you need it most, so you can focus on what drives your success.
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Smart Business Insight Suite
PwC’s SBIS Smart Collaboration empowers taxpayers to navigate these challenges with confidence, safeguarding against costly penalty risk and optimising process efficiency across their organisation.
View TranscriptWhat is Smart Collaboration? Introducing PwC's proprietary, cloud-based platform designed to:
Manage, monitor and track global tax compliance obligations in real time. Use Smart Collaboration’s intuitive and user-friendly interface and dynamic integrated data analytics to simplify rollout and reduce the need for extensive training, encouraging user adoption.
Clearly allocate responsibility and deadlines in a collaborative workspace that improves transparency, empowers team members to own tax reporting and obligation management and improve turnaround times.
Scale obligation tracking alongside business growth and acquisitions.
Mitigate penalty risk with automated reminders and tracking deadlines.
How SBIS Smart Collaboration works
Self-service SaaS solution
Maintain and rollforward compliance obligations without input from your PwC team.
Intuitive UI
Intuitive user interface simplifies rollout and reduces requirements for extensive training.
Global obligations, local users
Tailor user access provision trimmings to customise visibility of underlying data.
Automated deadline reminders
Automated tracking of deadlines and email reminders.
Cloud-based, built to scale
Smart is built to handle global obligation tracking for high volumes of entities and users.
Dynamic integrated data analytics
Visualise key compliance obligations to simplify reporting and triage deadline management.
Manage lodgement risk
Sufficient processes are in place to reduce tax risk.
Workflow
Flexible compliance workflows to improve control over tax compliance and reporting processes.
Why choose PwC's Smart Collaboration?
PwC's team of experts bring deep industry knowledge and a flexible approach to implementation, ensuring the solution is tailored to meet your specific needs. With ongoing product support and updates, you can be confident that your compliance processes are always aligned with the latest regulatory requirements.
For more information on how Smart Collaboration can benefit your organisation, contact our team today.
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