
At PwC, we build market-ready solutions and digital platforms designed to address the changing market paradigm for our clients. We are innovating to provide definitive plug and play solutions for pressing organisational challenges.
Built through decades of service experience spanning across Assurance, Tax , Advisory and Consulting lines of service, our technology solutions are designed to deploy quickly and accelerate value delivery on the go.
At PwC, we believe it is the powerful combination of the best people, empowered by market-leading technologies, that enables us to deliver quality and value at a whole new level. We are constantly innovating to enhance your audit experience, leveraging new and emerging technologies to give you real-time delivery, increased efficiency and greater transparency.
Our global ERP system ensures quality and consistency through every stage of the audit. During planning, Aura plays a critical role in helping us to identify risks, which drives the design of our audits, ensuring our PwC teams across our global network take a consistent, focused and efficient approach to audit risk.
Our award-winning data auditing technology helps build our understanding of your business performance in real time and across your entire data set. Halo uses data and visualisation to analyse internal and external drivers of your business, to identify areas of higher risk, direct audit work, and generate insights to share with you. It’s fully automated, making the process faster and more efficient.
A collaborative workflow tool allowing fast, secure information sharing. We’ll work with you using Connect, our global coordination tool and your portal to the audit. Connect streamlines, standardises and automates real-time communication in the workflow between your teams and ours, 24/7, wherever you are in the world. This secure, web-based tool ensures faster issue resolution by aggregating issues and events in one place. Issues are tracked and flagged so they can be identified promptly and resolved quickly.
A digital web based application that leverages the Halo for Journals outputs and automates Revenue CAATs logic to create a streamlined and standardised product. The tool responds to the need for engagement teams (i.e retail or manufacturing clients) to focus their testing on unexpected journal entries (higher risk). It allows teams to automate the revenue testing, enabling standardisation and consistency across engagements to reduce inefficiencies and improve quality on our audits.
The tax function in a company has assumed a huge significant recently due to both internal and external push. Tax authorities are focusing on data and analytics more than ever before. Hence, there is a need for transformation.
The tax transformation journey will not be easy, but it is now imperative and the return on investment can be significant. We can work with you to develop and implement an action plan to help level up to your desired end state. But “one size does not fit all” and to start the journey, you should assess the gaps between where you are now and where you want to be. Depending on the design of your tax function, this could mean developing a holistic tax technology strategy and roadmap as part of the overall tax strategy, or it could simply mean identifying solutions for specific processes and embedding them into current tax operations.
Tax authorities and other stakeholders expect Tax functions to be able to demonstrate, with evidence, that they have operated in an effective and efficient way. They must be able to show, often via a formalised tax control framework and testing programme, that tax risk is mitigated to an acceptable level and tax opportunities have been taken in line with the organisation’s overall attitude to reputational and compliance risk.
Increasingly managing tax is not a purely technical challenge and the skills required also include technology awareness, project management, leadership, and communication with the wider business in a way that they understand. Hence, it is important to have a robust tax governance to increase transparency of your tax data and gain trust from the stakeholders.
PwC has developed the global Tax Management Maturity Model (‘T3M’). The T3M methodology and tool leads the organisation in a practical way to a Tax Control Framework (‘TCF’) designed for the needs of the organisation. With the T3M, we will help you to review your current state of tax management across your business.
Managing tax in a dynamic and digital world
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We offer not only end-to-end IT solutions for crafting your software, but we have a set of packaged technology products which we can customize based on your needs. Digital Transformation has never been easier.