GeoTAX® Automates Sales and Use Tax Process for State Government
GeoTAX® Automates Sales and Use Tax Process for State Government
The Office of the Comptroller for a large State government sought a proven, accurate software solution to improve the complex and resource-intensive process of assigning of sales and use tax jurisdictions for businesses throughout the state.
The Challenge
Complex, Shifting Boundaries
Being large and highly-populated, the State processes more than 200 changes to its sales and use tax boundaries on an annual basis.
Human Error
The previous process for updating sales and use tax boundaries relied on human interpretation of tax complex boundary rules, leading to inaccuracies.
Inefficient, Manual Processes
The process of notifying affected businesses and individuals was also highly resource intensive and inconsistent.
The Solution
Automating the Process
By implementing the GeoTAX® Enterprise Tax Management solution, the Office of the Comptroller was able to automate the sales and use tax assignment process and eliminate manual processes.
Eliminating the Guesswork
Using Group 1 Software’s industry-leading geocoding technology to assign tax jurisdictions based on actual street addresses, rather than postal ZIP code or other information, provides greater assignment accuracy and more timely notification.
Seamless Integration
Working closely with the State, Group 1 Software was to ensure that the solution met their requirements and was compatible with their existing systems.
The Benefit
Money in the Bank
The implementation of Group 1 Software’s GeoTAX solution is expected to save more than $4 million over three years through the elimination of manual processes, assignment errors, and audits.
Responsive Service
Working with Group 1 Software to automate the sales and use tax process will also help to ensure that State citizens and businesses receive accurate, timely and consistent tax assignments.