Client Background
Client Need
- Reduce Costly and Manual in-take processing of Tax Documents and Attachments
- Automated in-take process of documents from multiple sources
- Intelligently understanding, extracting, validating and storing Key Metadata information from various tax documents
- Involve human only to process exceptions
- “Self-learning” continuous improvements
Our Solution
- Built a Microsoft Azure platform to centralize tax automation.
- Automated DevOPS pipeline for faster deployment
- Implement a Microservices architecture for intake of tax automation requests from multiple sources
- Initial phase to focus on Schedule K1 Federal and State Tax Documents and Attachments automation
Tools & Technologies
Key Benefits
- Cut down reviewing, extraction and processing of incoming tax forms from hours to minutes
- Given the nature of tax processing being specialty and seasonal – requires specialized knowledge/training and “additional” resources needed for a short period of time- customer can manage the seasonal loads without having to train/hire additional resources
- Solution will eliminate error-prone steps that are caused by users and improves the accuracy of information processed
- 25% lower cost of processing