Vitor Torres, Contabilizei: Helping Brazilian SMEs with Tax Compliance, Ep 106
Shares
According to The World Bank , Brazil ranks as one of the top 10 hardest countries in the world to pay taxes, which can be concerning considering that Brazilians have to file their taxes on a monthly basis. Vitor Torres experienced the painful process of finding an accountant in Brazil, which is why he founded Contabilizei. Contabilizei is an online tax filing and accounting service for SMEs in Brazil, where having an accountant as a business owner is not optional, it’s mandated by law. By using technology to scale their services, Contabilizei is disrupting the traditional accounting industry and helping customers save up to 80% on accounting fees a month. I sat down with Vitor to talk about how he became a lieutenant in the Brazilian army and then started working as a business analyst for Nick Faldo’s Golf & Resort Management company. We also discuss how Curitiba’s ecosystem has evolved over the years and how he started Contabilizei –now the largest SME accounting firm in Brazil– when no one believed in his product. From Porto Alegre to London
Originally from Porto Alegre, Vitor moved to Curitiba at 18 years old to join the Brazilian army. Over the years, he scaled the ranks and became lieutenant, got married, and became a father at a young age. In the true entrepreneurial spirit, Vitor decided to take on a different adventure after his experience in the army and moved to London with his family to start his life over from scratch. Listen to this episode of Crossing Borders to find out how Vitor built a career in the UK and ended up working for a renowned golf player. Parallels between a lieutenant and a CEO
Vitor learned some of his most valuable entrepreneurial lessons when he served in the Brazilian army. Facing tough situations and working as a team in the army prepared him for life as a founder and a CEO. He explains that it taught him how to be disciplined as well as to know when to ask for help. Learn more about how Vitor’s experience in the army shaped him as an entrepreneur in this episode of Crossing Borders. Contabilizei’s inflection point
Vitor spent three months at his friend’s accounting firm mapping all the processes of his employees. Based on his research, he developed a product with his CTO, and a few months later launched Contabilizei. Traditional accounting firms take several years to build a portfolio of 100 customers. Contabilizei was able to acquire 70 in three months. That’s when Vitor knew he had a scalable business. Check out this episode of Crossing Borders to hear more of Vitor’s fascinating bootstrapping story that eventually attracted key investors in Latin America. Vitor Torres is using technology to bring a cost-effective solution to Brazil’s traditional accounting industry. With Contabilizei, SMEs can pay their taxes at an affordable rate and trust that their accountants are complying with the latest tax laws. Outline of this Episode:
[3:12] – About Contabilizei

Vitor Torres, Contabilizei: Helping Brazilian SMEs with Tax Compliance, Ep 106

Barbados Revenue Authority Selects Newgen To Automate Tax Compliance Process
Newgen Deploys Automatic Exchange of Information (AEOI) Platform
Author:
Jun 4, 2020 7:09 AM EDT
MCLEAN, Virginia, June 4, 2020 /PRNewswire/ -- Newgen Software Inc., a global provider of low code digital automation platform managing content, processes, and communication, today announced that it has successfully deployed Automatic Exchange of Information (AEOI) platform at Barbados Revenue Authority for automating its country by country (CbC) reporting process. The solution aimed at automating the end-to-end CbC reporting process and increasing organizational efficiency, was implemented within the stipulated time frame. "The Newgen CbC solution is agile and cost-effective. It has integrated various touch points to enable comprehensive reporting. With this solution in place, we would be able to leverage industry best practices and stay on top of a rapidly changing regulatory environment," Anthony Gittens, Senior Manager, Policy, Planning and Governance, Barbados Revenue Authority. "Newgen's solutions aim to deliver customer-centric services at optimized cost. We are glad that the Barbados Revenue Authority chose us for this strategic initiative, and we look forward to our partnership with them. Using our CbC solution, the authority can deliver better services and achieve greater transparency," Diwakar Nigam, MD and Chairman, Newgen Software. Built on a low-code application platform, Newgen's CbC solution features easy to deploy process templates, self-registration capabilities, and highly descriptive reports. The solution offers flexibility to enable the Barbados Revenue Authority to adapt to any regulatory changes and remain compliant. Additionally, Newgen's COE team continuously scans and checks updates for regulatory guidelines and evolving best practices to ensure that current and future compliance requirements are met. Newgen's compliance and reporting solutions ensure that organizations stay compliant with regulations. Using these solutions, organization scan simplify regulatory compliance and mitigate risks through complete reporting and documentation. About Barbados Revenue Authority:
Barbados Revenue Authority is the main revenue collecting agency in Barbados, responsible for effective and efficient tax administration. The institution is also recognised as the Competent Authority for the country in relation to exchange of information compliance. In this role, the Barbados Revenue Authority is responsible for the transmission of data related to the Common Reporting Standard (CRS), the Foreign Account Tax Compliance Act (FATCA) and country by country compliance in accordance with the guidelines of the Internal Revenue Service (IRS) and the Organisation for Economic Cooperation and Development (OECD). About Newgen Software Inc.:
Newgen Software Inc. is a global provider in banking process automation with more than 200+ banks and financial services institutions as its clients. Newgen's banking process management framework automates critical business processes for banking institutions across commercial lending, consumer lending, customer on-boarding, online account opening, trade finance, digital and mobile customer service request. Newgen offers flexible on-premise and cloud-based solutions to financial institutions. To learn more about how Newgen is connecting enterprises and transforming experiences, visit:  http://www.newgensoft.com/
Connect with us:
Watch our videos on YouTube
Media Contact: Asif Khan asif.khan@newgensoft.com
View original content: http://www.prnewswire.com/news-releases/barbados-revenue-authority-selects-newgen-to-automate-tax-compliance-process-301070716.html

Barbados Revenue Authority Selects Newgen To Automate Tax Compliance Process

Opti.Tax von hsp deckt ab Mai auch die Tax Compliance ab
)
Die Hamburger hsp Handels-Software-Partner GmbH und die W+ST-Gruppe (mittelständische Steuerberatungs- und Wirtschaftsprüfungsgruppe mit 550 Mitarbeitern) arbeiten zusammen, um ihren Mandanten das Tax Compliance Management zu erleichtern. Mit der Taxonomie Software Opti.Tax von hsp können User ab dem Juni-Release auch ihre Tax Compliance methodisch abbilden. Dafür wird das inhaltliche Knowhow von W+ST in der Lösung Opti.Tax technisch umgesetzt und in die Taxonomien integriert. Compliance ist für viele Steuerberatungskanzleien und Unternehmen ein Dauerthema. Sie muss kontinuierlich dargelegt, abgebildet und nachgewiesen werden. Mit der Funktionserweiterung von Opti.Tax um das Thema Tax Compliance Management System haben Kanzleien nun ein komfortables Tool, das konzeptionelle Lösungen für steuerrechtliche Probleme bietet und zudem leicht zu bedienen ist. Das Produkt ist deutschlandweit einzigartig – in der Regel nutzen viele Kanzleien und Unternehmen noch selbst entwickelte Lösungen mit wenig Usability. „Unsere Konzeption ergänzt sich sehr gut mit der technischen Lösung von Opti.Tax zur Verfahrensdokumentation, da Tax Compliance eine verwandte Fragestellung ist“, sagt Andrea Treib, Vorstandsmitglied der W+ST-Gruppe. Statt einem Bottom-up-Ansatz mit langen Checklisten verfolgt die Lösung eine andere Systematik: Einen Top-down-Ansatz, der an die Systematik klassischer Risikomanagementsysteme angelehnt ist und auf den Verlautbarungen des Instituts der Wirtschaftsprüfer (IDW) basiert. Die grundlegenden, steuerrelevanten Prozesse werden samt den vorliegenden Darstellungen und Dokumentationen aufgenommen. Dem schließt sich eine Risikobeurteilung an. Darauf basierend werden die steuerrelevanten Prozesse in der Tiefe und mit gezielten Fragestellungen bewertet. So wird eine Tax Compliance gezielter, effizienter und einfacher. Ziel ist es – abgestimmt auf die jeweilige Unternehmensorganisation - die wesentlichen steuerlichen Risiken im Auge zu behalten. hsp stärkt mit der Zusammenarbeit seine Marktstellung und seine Marktakzeptanz. „Wir können jetzt eine Software anbieten, die die Thematiken Verfahrensdokumentation und Tax Compliance abbildet“, so Geschäftsführer Paul Liese. Damit wird der Funktionsumfang des bewährten Tools sinnvoll erweitert. W+ST hatte im Laufe des Jahres 2019 eine Systematik entwickelt, um Mandanten bei der Implementierung der Tax Compliance zu unterstützen. Das dabei verwendete Tool auf Microsoft-Access-Basis erfüllt grundsätzlich die Anforderungen der Praxis. Die jetzt angestrebte Software-Lösung bietet jedoch mehr Komfort in der Anwendung und eröffnet die Möglichkeit, die Systematik auch anderen Berufskollegen und Unternehmen zur Verfügung zu stellen. „Wir hatten das Thema Tax Compliance Management schon lange auf dem Schirm und deswegen passte die Anfrage von W+ST perfekt, die auf der Suche nach einer technisch komfortableren Lösung waren“, so Liese weiter. Aktuell werden die notwendigen Änderungen in die Taxonomie von Opti.Tax eingebracht, Reporting und Rechenregeln angepasst. Mit dem Juni-Release sollen die neuen Funktionen zur Verfügung stehen. hsp Handels-Software-Partner GmbH
Die hsp Handels-Software-Partner GmbH besteht seit 1991 erfolgreich am Markt. Der Schwerpunkt der Tätigkeit in den ersten Jahren lag in der Unterstützung der Kunden in den Warenwirtschaften von collection software, später von Prohandel und der Finanzbuchhaltung b&p Computer Programme GmbH. Seit dem Jahr 2001 entwickelt und vertreibt das Unternehmen seine Compliance Suite Opti.X über ein stetig wachsendes Netzwerk an OEM Partnern und hat ein umfassendes Distributionssystem. Mit der flexiblen und universalen Taxonomie Software Opti.Tax werden alle Anforderungen aus den Bereichen E-Bilanz, Offenlegung beim Bundesanzeiger, Erstellung des Jahresabschluss und Dokumentation nach GoBD und DSGVO erfüllt. Das neuste Modul DiFin ermöglicht die Übermittlung Digitaler Finanzberichte an Banken und Sparkassen. Das könnte Sie auch interessieren
22.04.2020

Opti.Tax von hsp deckt ab Mai auch die Tax Compliance ab

Die Hamburger hsp Handels-Software-Partner GmbH und die W+ST-Gruppe (mittelständische Steuerberatungs- und Wirtschaftsprüfungsgruppe mit 550 Mitarbeitern) arbeiten zusammen, um ihren Mandanten das Tax Compliance Management zu erleichtern. Mit der Taxonomie Software Opti.Tax von hsp können User ab dem Juni-Release auch ihre Tax Compliance methodisch abbilden. Dafür wird das inhaltliche Knowhow von W+ST in der Lösung Opti.Tax technisch umgesetzt und in die Taxonomien integriert. Compliance ist für viele Steuerberatungskanzleien und Unternehmen ein Dauerthema. Sie muss kontinuierlich dargelegt, abgebildet und nachgewiesen werden. Mit der Funktionserweiterung von Opti.Tax um das Thema Tax Compliance Management System haben Kanzleien nun ein komfortables Tool, das konzeptionelle Lösungen für steuerrechtliche Probleme bietet und zudem leicht zu bedienen ist. Das Produkt ist deutschlandweit einzigartig – in der Regel nutzen viele Kanzleien und Unternehmen noch selbst entwickelte Lösungen mit wenig Usability. „Unsere Konzeption ergänzt sich sehr gut mit der technischen Lösung von Opti.Tax zur Verfahrensdokumentation, da Tax Compliance eine verwandte Fragestellung ist“, sagt Andrea Treib, Vorstandsmitglied der W+ST-Gruppe. Statt einem Bottom-up-Ansatz mit langen Checklisten verfolgt die Lösung eine andere Systematik: Einen Top-down-Ansatz, der an die Systematik klassischer Risikomanagementsysteme angelehnt ist und auf den Verlautbarungen des Instituts der Wirtschaftsprüfer (IDW) basiert. Die grundlegenden, steuerrelevanten Prozesse werden samt den vorliegenden Darstellungen und Dokumentationen aufgenommen. Dem schließt sich eine Risikobeurteilung an. Darauf basierend werden die steuerrelevanten Prozesse in der Tiefe und mit gezielten Fragestellungen bewertet. So wird eine Tax Compliance gezielter, effizienter und einfacher. Ziel ist es – abgestimmt auf die jeweilige Unternehmensorganisation – die wesentlichen steuerlichen Risiken im Auge zu behalten. hsp stärkt mit der Zusammenarbeit seine Marktstellung und seine Marktakzeptanz. „Wir können jetzt eine Software anbieten, die die Thematiken Verfahrensdokumentation und Tax Compliance abbildet“, so Geschäftsführer Paul Liese. Damit wird der Funktionsumfang des bewährten Tools sinnvoll erweitert. W+ST hatte im Laufe des Jahres 2019 eine Systematik entwickelt, um Mandanten bei der Implementierung der Tax Compliance zu unterstützen. Das dabei verwendete Tool auf Microsoft-Access-Basis erfüllt grundsätzlich die Anforderungen der Praxis. Die jetzt angestrebte Software-Lösung bietet jedoch mehr Komfort in der Anwendung und eröffnet die Möglichkeit, die Systematik auch anderen Berufskollegen und Unternehmen zur Verfügung zu stellen. „Wir hatten das Thema Tax Compliance Management schon lange auf dem Schirm und deswegen passte die Anfrage von W+ST perfekt, die auf der Suche nach einer technisch komfortableren Lösung waren“, so Liese weiter. Aktuell werden die notwendigen Änderungen in die Taxonomie von Opti.Tax eingebracht, Reporting und Rechenregeln angepasst. Mit dem Juni-Release sollen die neuen Funktionen zur Verfügung stehen. Über die hsp Handels-Software-Partner GmbH
Die hsp Handels-Software-Partner GmbH besteht seit 1991 erfolgreich am Markt. Der Schwerpunkt der Tätigkeit in den ersten Jahren lag in der Unterstützung der Kunden in den Warenwirtschaften von collection software, später von Prohandel und der Finanzbuchhaltung b&p Computer Programme GmbH. Seit dem Jahr 2001 entwickelt und vertreibt das Unternehmen seine Compliance Suite Opti.X über ein stetig wachsendes Netzwerk an OEM Partnern und hat ein umfassendes Distributionssystem. Mit der flexiblen und universalen Taxonomie Software Opti.Tax werden alle Anforderungen aus den Bereichen E-Bilanz, Offenlegung beim Bundesanzeiger, Erstellung des Jahresabschluss und Dokumentation nach GoBD und DSGVO erfüllt. Das neuste Modul DiFin ermöglicht die Übermittlung Digitaler Finanzberichte an Banken und Sparkassen. Firmenkontakt und Herausgeber der Meldung:
hsp Handels-Software-Partner GmbH

“
Los Angeles, United State, August 07, 2019,- QY Research has recently published a new report, titled Sales Tax Compliance Software Market- Report, History and Forecast 2014-2025, Breakdown Data by Companies, Key Regions, Types and Application. The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Sales Tax Compliance Software market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Sales Tax Compliance Software market. The report offers an overview of the market, which briefly describes the market condition and the leading segments. It also mentions the top players present in the global Sales Tax Compliance Software market. The research report on the global Sales Tax Compliance Software market includes a SWOT analysis and Porter’s five forces analysis, which help in providing the precise trajectory of the market. These market measurement tools help in identifying drivers, restraints, weaknesses, Sales Tax Compliance Software market opportunities, and threats. The research report offers global market figures as well as figures for regional markets and segments therein. Get PDF template of this report:  https://www.qyresearch.com/sample-form/form/1006173/global-sales-tax-compliance-software-market
The Sales Tax Compliance Software research report opens with an executive summary that gives a brief overview of the market. It mentions the leading segments and the players that are expected to shape the market in the coming years. The executive summary offers a glance of the market without any bias. In the succeeding chapters, the research report on the global Sales Tax Compliance Software market focuses on the drivers. It explains the changing demographic that is expected to impact demand and supply in Sales Tax Compliance Software market. It delves into the regulatory reforms that are projected to shift perspectives. Additionally, researchers have discussed the very source of the demand to analyze its nature. The report also sheds light on the restraints present in the global Sales Tax Compliance Software market. Analysts have discussed the details highlighting the factors that are expected to hamper the growth of the market in the coming years. Evolving lifestyles, taxation policies, and purchasing powers of various economies have scrutinized in great detail. The report presents fair points about how these restraints can be turned into opportunities if assessed properly. Sales Tax Compliance Software Market Competitive Landscape
The last chapter of the research report on the global Sales Tax Compliance Software market focuses on the key players and the competitive landscape present in the market. The report includes a list of strategic initiatives taken by the companies in recent years along with the ones that are expected to happen in the foreseeable future. Researchers have made a note of the financial outlook of these companies, their research and development activities, and their expansion plans for the near future. The research report on the global Sales Tax Compliance Software market is a sincere attempt at giving the readers a comprehensive view of the market to the interested readers. Sales Tax Compliance Software Market Leading Players
Avalara
Sales Tax Compliance Software Market Segmentation
Through the next chapters, the research report reveals the development of the Sales Tax Compliance Software market segments. Analysts have segmented the market on the basis of product, application, end-users, and geography. Each segment of the global Sales Tax Compliance Software market has been studied with in-depth insight. Analysts have evaluated the changing nature of the market segments, growing investments in manufacturing activities, and product innovation that are likely to impact them. In terms of geography, the report studies the changing political environment, social upliftment, and other government initiatives that are expected to contribute to the regional markets. Sales Tax Compliance Software Segmentation by Product
Cloud Based
Which are the five top players of the global Sales Tax Compliance Software market? How will the global Sales Tax Compliance Software market change in the next five years? Which product and application will take a lion’s share of the global Sales Tax Compliance Software market? What are the drivers and restraints of the global Sales Tax Compliance Software market? Which regional market will show the highest growth? What will be the CAGR and size of the global Sales Tax Compliance Software market throughout the forecast period? Enquire for customization in Report @ https://www.qyresearch.com/customize-request/form/1006173/global-sales-tax-compliance-software-market
About Us:
QYResearch always pursuits high product quality with the belief that quality is the soul of business. Through years of effort and supports from the huge number of customer supports, QYResearch consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience. Today, QYResearch has become a brand of quality assurance in the consulting industry. ”

Sales Tax Compliance Software  Market Size, Share | Industry Report, 2019-2025|Vertex, TaxJar, Thomson Reuters

CoreLogic is a property information, analytics, and data-enabled services provider. The company combines public, contributory, and proprietary data to develop predictive decision analytics and provide business services that bring insight and transparency to the markets it serves. These markets include real estate and mortgage finance, insurance, capital markets, and the public sector. CoreLogic has built a U.S. real estate, mortgage application, fraud, and loan performance database and is a provider of mortgage and automotive credit reporting, property tax, valuation, flood determination, and geospatial analytics and services.

CoreLogic

CSC , a leading provider of business process and compliance management solutions for corporate property tax and business licensing work , has collaborated with data provider CoreLogic , Inc. to create a service for CSC users that seamlessly pushes annual assessed values data into AppealTrack installations typically within one week of roll release .

CSC TCI and CoreLogic Collaborate to Supply Customers with Automated Parcel Values

Fintech

Acquired

Tax Compliance, through its flagship software product, Property Tax Management System (PTMS), is a provider of corporate property tax compliance software.  PTMS is a real and personal property tax compliance software system that allows its users to manage the valuation of real and personal property.In November 2011, Tax Compliance was acquired by Corporation Service Company. The valuation of Tax Compliance was undisclosed. Other terms of the deal were not released.

Date	11/8/2011
Round	Acquired
Amount
Investors	Corporation Service Company
Valuation
Revenue	0 FY undefined
Sources

First funding	11/8/2011
Last Funding	11/8/2011
Investor	Corporation Service Company
Rounds	1 Acquired
Board Seats
Type	Corporation
Location	Delaware

Wells Fargo Success Story

3M Success Story

Platform Overview

Tax Compliance

Investors Count

Tax Compliance Funding, Tax Compliance Valuation & Tax Compliance Revenue

Tax Compliance Investors

Discover the right solution for your team