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Tax Systems Workshop

Tax Systems Workshop. March 8, 2011. Linking Strategy to Systems. Alignment:. Link Strategy to Requirements. Establish End-State Vision. A. Execution … the hard part …. Transition. End State. Start. DB. A. Report. ?. Current State. Monthly Data Loading

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Tax Systems Workshop

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  1. Tax Systems Workshop March 8, 2011

  2. Linking Strategy to Systems Alignment: Link Strategy to Requirements Establish End-State Vision A Execution … the hard part … Transition End State Start DB A Report ?

  3. Current State • Monthly Data Loading • 3,756 touch points (eMails, servers, data files, decisions, etc.) • Across 6 different groups • Touching 12 different individuals • Does NOT include: • Quarterly Processing • Annual Processing • Daily data loads form TIS to CorpTax Existing data / process problems: Multiple maintenance points supported by manual intervention Outdated and unsupported applications requiring upgrade / replacement Inability to provide timely data required to meet closing schedule Duplicated and overlapping processes performed by segregated groups Extensive data cleansing activities required to produce accurate information 1 2 3 4 5

  4. Linking Tax Strategy to System Features

  5. Tax Systems Scenarios

  6. Tax Systems Scenarios Recommendation Key: Best Worst

  7. Resource Allocation

  8. Resource Allocation – Theoretical -5 -5

  9. End-State SEC IRS

  10. Timeline – Example • Vision • Alignment • Vendor Sel. • Proj. Plan Core Chgs Domestic Provision Foreign Provision Statutory Provision / Reporting Eliminate Tax Data Warehouse 2011 2012 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

  11. Meeting with Joe • What I want Joe to say: • Understands Issue • Will find permanent home by Y/E • Will talk to TTG before 3/11 • Must Have: • Direction on TTG • Timing • Communication • Nice to Have: • Joe’s expectations (thoughts) on 3/11 meeting • Insights into Department Changes • Does he have expectations about re-org? • Budget goals • What does “good” look like • 2011 • 2012 • Thoughts about End-State • I want to involve staff in setting end-state vision guided by Tax Strategy • Does Joe just want us to come out of the closet with answer (CorpTax) • Joe’s expectations on Tax Systems Implementation • Speed/Timing – how hard is he going to push the organization • Dom & For Provision in 2011? • Sequence (Dom Prov 1st)

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