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Case Study

Assembling monthly retail sales and use tax reporting across municipalities

Home » Resources » Case Studies » Assembling monthly retail sales and use tax reporting across municipalities

Industry

,

Function

Topic

,

Results

Speed

Consistent processing in line with SLAs

Better

Improved data quality

Cost

Cost and penalty avoidance

Company Profile

Specialty multi-brand footwear retailer (NYSE-listed), operates over a thousand retail stores plus e-commerce across the US, Canada, and Western Europe, with brands spanning teen-focused mall chains, premium men’s leather footwear, and licensed wholesale relationships with major apparel labels. Tens of thousands of employees.

Challenge

As a retailer, this company needs to file sales and use taxes monthly reports in the municipalities where it conducts business to stay in compliance. Reporting team members first downloaded information from the company’s intranet and external websites. The pieces were combined and formatted in a single workbook which was then shared. This was a high-touch, repetitive process with potential data-entry errors. Finance team leadership sought a solution to quickly and accurately complete the end-to-end process.

Solution

We implemented WonderBotz ReportBotz+, a scalable, consolidated reporting solution that runs on demand and is controlled by business rules that the business team can easily modify. ReportBotz+ retrieves all the necessary information, quickly formats the data, and generates the final sales and use report package submitted monthly. Upon completion, the solution generates a status report of completed items which is shared with team members. If any exceptions are encountered, the solution alerts the team for follow-up.

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