FLUX Monitor monitors changes of master data and keeps your tax systems up-to-date and accurate. You can set triggers so that if someone adds a cost center or GL account, you can be notified and maintain full transparency. You can even make set-up changes to your other systems too, such as adding nexus somewhere, becoming registered, or mapping a group or materials or products to a Vertex category.
Key Features of the FLUX Monitor include:
Validate and convert your addresses and existing jurisdiction codes with SCOUT. TJC validation and conversion programs minimize tax errors when the TJCs expire. SCOUT is multi-threaded for fast performance, providing your business with high performance conversions, validations and reporting.
Key Features of SCOUT include:
Reviewing your AP invoices and seeing that you have to make adjustments can be a very manual process. Make these adjustments with ease with flexRFC, which allows much quicker processing.
Key Features of flexRFC include:
flexTAX connects the dots between your business events and your tax solution by filling the gaps that you find around procurement cards, expense allocations, or any type of transaction where you need to make a use-tax accrual.
Key Features of flexTax include:
VENDORecon is one of the most popular PLUS tools as it compares the tax amount calculated by Vertex to the tax generated on the vendor bill. This tool automates the reconciliation process and then addresses any differences or discrepancies so that your AP team doesn't have to deal with those time-consuming, manual tax decisions.
So, whether the tax is billed too high or too low, VENDORecon will automate your outcomes to Pay as Billed, Accrue, or Short Pay.
Key Features of VENDORecon include:
Let your tax team do its job more efficiently and accurately with LCR Dixon’s Diagnostix tool. Diagnostix provides immediate view of your AP activity, allows you to flag and autocorrect bad data input, and reduces your review time before you have to file monthly returns.
Tax teams using SAP must often deal with messy, inaccurate reports. And having to constantly train these teams on how to stop making bad data inputs slows down the organization at many levels. With Diagnostix, this mess of data is transformed into something your team can manage. Diagnostix works by taking 200 fields from your SAP tables and creating one easy-to-use analytics program.
Some of your benefits and features include:
Greater Visibility to Accounts Payable
Enjoy an immediate view of your AP activity and tax accuracy
No More Bad Data
Reduction of your Review Time
Experience less scary audits by examining all invoices covered in your analysis before filing monthly returns
Watch the video below to learn more about how Diagnostix works.