INNOVYA TECHNOLOGIES

Case Study 3

THE TAX RETURN OPTIMISATION OF A LEADING CERTIFIED PUBLIC ACCOUNTING (CPA) FIRM

Services

Tax preparation for both individuals and businesses, bookkeeping, accounts payable, accounts receivable, financial presentations, and bank reconciliations in a quick but secure setting.

Industry

Advisory & Consulting

The Challenge

Insufficiency in timely updates: 
To provide end users with real-time information regarding the status of their tax returns 

Unstructured data: 
To swiftly handle the tax documents, which were in an unstructured format and required laborious handling. 

Lack of taxation knowledge: 
To effectively comprehend and implement tax laws and regulations relating to international business and US-Canada Tax Treaties 

Inadequacy of a secured environment: 
To manage taxpayer data in an agile setting that is secure. 

THE SOLUTION

Innovya carried out a thorough analysis of the client’s needs and put in place a comprehensive solution that included: 

Dedicated workforce: 
Based on thorough expertise and information about Canadian individual and business tax filings, process tax returns as rapidly as possible. 

Smart workflow: 
To safely manage the e-Tax Manager’s (eTM) intake and outflow of tax returns. 

Quality team: 
Using a quality team made up of a project coordinator and quality team, maintain accuracy and quick turnaround. 

Conclusion

  • Formally established a trustworthy DOCUMENT MANAGEMENT system. 
  • A process and technology that are integrated and built on solid domain knowledge. 
  • Shorter turnaround time, greater efficacy & efficiency. 
  • Provided 24X7 dedicated technical support