NEW YORK, Oct. 19, 2021 /PRNewswire/ -- Deloitte today announced that it received five awards at the 16th International Tax Review (ITR) Americas Tax Awards 2021, recognizing its achievements delivering breakthrough solutions on client engagements in the Americas region. Deloitte was named "Technology Firm of the Year" and "Transfer Pricing Firm of the Year" in the Americas region for the fourth consecutive year and was awarded "Tax Compliance and Reporting Firm of the Year" for the second consecutive year. Deloitte also claimed this year "Tax Innovator of the Year" and "Indirect Tax Firm of the Year."
"Deloitte is leading our clients through a rapidly-changing environment driven by regulatory changes, global growth, digitization, and most recently, the impacts of operating in a post-COVID environment," said Steve Kimble, chairman and chief executive officer, Deloitte Tax LLP. "It is an honor to win these prestigious ITR awards for our efforts in developing solutions and deploying innovative technologies to help clients address their obligations, challenges and tax priorities in a transparent, streamlined and customized manner."
These recognitions from ITR highlight Deloitte's ongoing investments to create lasting value for their clients through digital transformation. This is achieved through a number of advancements including:
Intela:Deloitte developed an innovative, digital engagement management platform to enable seamless collaboration between Deloitte's tax professionals and its clients. As an end-to-end cloud-based solution, Intela provides companies with a single workspace to collaborate with Deloitte on engagement delivery from data collection and knowledge management to document production and insights development.
Enterprise resource planning (ERP):One of the biggest tax challenges organizations face is lack of data and access to financial and tax data from one or multiple ERP systems and other financial sources. Deloitte supports companies that have limited capabilities from their legacy ERP or are upgrading to the Next Gen ERP system to help unify their data, tax sensitize, automate and digitize, to support tax transformation.
Automation solutions:For large corporations, Finance Transformations and Next Gen ERP is the start of transformation for tax data. In addition to this important step, tax may require automation strategies to "fill the gaps" to address ever changing regulatory updates for tax compliance, provisions, and global reporting.
Deloitte offers customized implementation of tax automation solutions focusing on value added business drivers such as return on investment, risk reduction, workforce efficiencies and reduced reliance on manual processes.
The 16th annual Americas Tax Awards recognize remarkable achievements and developments that demonstrate innovative, complex and impactful transactions. The awards acknowledge work that broke new ground in the tax marketplace and was completed between March 2020 and April 2021.
About DeloitteDeloitte provides industry-leading audit, consulting, tax and advisory services to many of the world's most admired brands, including nearly 90% of the Fortune 500® and more than 7,000 private companies. Our people come together for the greater good and work across the industry sectors that drive and shape today's marketplace — delivering measurable and lasting results that help reinforce public trust in our capital markets, inspire clients to see challenges as opportunities to transform and thrive, and help lead the way toward a stronger economy and a healthier society. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Building on more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte's more than 345,000 people worldwide connect for impact at www.deloitte.com.
About DeloitteDeloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as "Deloitte Global") does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.
View original content to download multimedia: https://www.prnewswire.com/news-releases/deloitte-wins-itrs-tax-technology-firm-of-the-year-award-for-fourth-consecutive-year-301403297.html