Taxation for finance in one suite!
The WoT (Wheel of Tax) suite offers a modular approach and a modern user experience, enabling the fulfillment of all tax obligations required of a financial intermediary acting as a withholding agent.
Benefits
Centralized view of all functionalities and outcomes of tax processing
Modular design and easy integration into the core banking ecosystem through various modes: bulk, individual, batch, and online
Departmental solution based on modern technologies enabling the processing and storage of large volumes of transactions
Unique Selling Proposition
Modular coverage of all tax-related obligations
Centralized dashboard for monitoring all tax calculations and results
Client-centric view of all applicable taxes and comprehensive, advanced reporting
The value proposition
The WoT (Wheel of Tax) Suite manages the various use cases related to the tax obligations of financial intermediaries acting as withholding agents, fully independently from the relevant operational applications. It supports the customer journey towards modernizing legacy systems or migrating to the cloud. Thanks to its modular architecture, the suite allows for targeted implementation and the definition of a customized migration roadmap tailored to the client’s needs.