Dallas, Texas - Ryan & Company, America’s largest independent state & local tax consulting firm, today announced that it has acquired all rights to TaxDecisionERP™, an advanced U.S. multistate use tax decision automation tool for SAP users. TaxDecisionERP™ was jointly developed by Ryan & Company and Technology Solutions Company in 2004 and provides the framework for Ryan & Company's proprietary tax decision automation services.
“Our Firm is already a leader in providing effective, high-quality tax technology solutions,” said G. Brint Ryan, Managing Principal of Ryan & Company. “We will continue to invest in TaxDecisionERP™ to advance and refine the solution and make its substantial benefits available to more clients.”
TaxDecisionERP™ is a patent pending, integrated software solution that enables effective automation of use tax calculations. Its benefits include:
- Reducing tax overpayments and penalties and interest from underpayment
- Improving cash flow by paying tax on actual use rather than at invoice payment
- Eliminating manual labor hours spent calculating, correcting, and reconciling use tax
- Enhancing audit and trace ability tools for Sarbanes-Oxley documentation, monitoring, and controls
- Creating purchase orders with correct product codes to accurately determine use tax
- Generating real-time calculations as goods are issued and services are delivered
Tax Recovery Combined with On-Going Automation Yields ROI
“Leveraging our use tax knowledge, we first help our clients recover previous overpayments based on inadequate use tax management,” said Ryan. “This can often amount to millions of dollars that go directly to a company’s bottom line.”
“Utilizing TaxDecisionERP™ allows us to continue to maintain the best practices and processes we have put in place to help the client achieve effective use tax management going forward,” Ryan added.
Ryan, an award-winning global tax services and software provider, is the largest Firm in the world dedicated exclusively to business taxes. With global headquarters in Dallas, Texas, the Firm provides an integrated suite of federal, state, local, and international tax services on a multijurisdictional basis, including tax recovery, consulting, advocacy, compliance, and technology services. Ryan is an 11-time recipient of the International Service Excellence Award from the Customer Service Institute of America (CSIA) for its commitment to world-class client service. Empowered by the dynamic myRyan work environment, which is widely recognized as the most innovative in the tax services industry, Ryan’s multidisciplinary team of more than 4,100 professionals and associates serves over 21,000 clients in more than 60 countries, including many of the world’s most prominent Global 5000 companies. More information about Ryan can be found at ryan.com. “Ryan” and “Firm” refer to the global organizational network and may refer to one or more of the member firms of Ryan International, each of which is a separate legal entity.
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