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CASE STUDY | ONESOURCE INDIRECT TAX

MNC captive centre in India automates 400+ tax returns globally and saves $127K per annum

The requirement of this US multinational company with a global turnover of almost $4 billion, was to adopt technology that would create a seamless filing process for its captive centre in India that supports all the indirect tax returns filing across the globe.

But their goal was also to achieve reduced costs and improved efficiencies, a greater control over data sharing and security, and a reduced dependency on external consultants.

Find out how Thomson Reuters helped the MNC?

Saving

They made $127K annual recurring saving

External consultants

Reduced fees on external consultants from an average of $750 to $200 per return and their hours by half

Time saved per return

Slashed hours of the MNC’s internal resources per tax return by 60% and FTE hours by two thirds

Secure working

Working securely from remote locations

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