Governments globally are increasingly leveraging technology to increase tax revenues and crack down on fraud. The continued adoption of e-auditing and real time reporting for tax means that accurate real-time transactional level data is the number one priority for many organisations.
Building on established Data Governance principles, the Data Directory for Tax provides solid foundation for managing the end-to-end data quality improvement process. In addition to providing visibility of data fields, data relationships, quality standards and metrics, the tool also provides a mechanism for monitoring the effectiveness of related controls.