Navigating Tax Complexity With Robust Controls and Process Efficiencies

To confidently understand and defend your tax position, organizations need data to flow seamlessly from one process to the next with proper controls, automated calculations with audit trail, and the ability to reconcile the numbers across multiple reports and data sources. In this session, Ron Angelillo, VP Tax at EnPro Industries, and Jamie Eagan, VP Product Management, Controllership at insightsoftware, will share how implementing a global tax management solution has allowed the creation of more robust internal controls, process efficiencies, and decision intelligence at EnPro Industries. Ron will also share how establishing a single source of truth has enabled his team to:

• Automate tax data transfers from one calculation to the next (i.e. Provision to Pillar 2)

• Develop stronger internal controls, data integrity, and validation

• Increase confidence in the accuracy and support of their tax provision calculations and financial statement disclosures

• Improve automation to meet demanding close cycles, freeing up more time for strategic, value-added activities