Partner With DMA for Enhanced Tax System Performance
Find out how our experts can guide you through the process with tailored recommendations that align with your business needs.
DMA’s Proven Process
Choosing the right transaction tax software vendor is crucial when implementing a centralized, automated tax solution. The complex intricacies involved make it easy to feel overwhelmed by the range of options available. That’s where DMA’s Tax Technology Vendor Selection services come in. Our team of experts will guide you through the selection process to find the best tax engine tailored to your business needs, ensuring enhanced accuracy, efficiency, and compliance.
DMA’s vendor selection approach is rooted in a deep understanding of your unique business requirements, tax policies, and system configurations. We evaluate your current environment and identify gaps to recommend a tailored tax technology solution.
Here’s How Our Process Works
Discovery Phase
We start by understanding your business landscape, objectives, and existing systems. Our team gathers essential tax and systems information and creates a comprehensive RFP scorecard to outline criteria for evaluating tax engine providers.
Analysis Phase
Our experts evaluate responses from tax engine providers, inviting them to demo their solutions. Each provider is scored and ranked based on criteria defined in the discovery phase. We consider cost, fit, and overall performance to ensure a precise match with your business needs.
Selection and Implementation
Acting as an extension of your tax department, we guide your team in selecting the vendor that best fits your requirements. Post-selection, DMA’s technology experts assist with the implementation of the chosen solution, ensuring it aligns with your tax compliance goals.
Our Comprehensive Approach
DMA’s methodology ensures a holistic evaluation of potential vendors, leveraging our vast experience with leading tax solutions like Avalara, Sovos, Thomson Reuters, and Vertex. We provide unbiased recommendations tailored to your specific needs, giving you a 360-degree view of all available options.
Our vendor selection service includes:
Scope of Project Evaluation: We assess your project’s size, timeline, and complexity to match you with the right solution.
Gap Analysis: Our experts identify system gaps and requirements critical for optimal solution configuration.
Hardware and Resources Assessment: We review your existing infrastructure to support your new tax determination solution.
Expert Guidance and Industry Insights
DMA’s team of experts recommends a software vendor that’s right for you, and we provide strategic guidance backed by deep industry knowledge and hands-on experience. Our experts stay updated on the latest tax technology trends, regulatory changes, and best practices, ensuring that our recommendations are relevant and forward-looking.
We bring a unique perspective that helps you navigate potential challenges, anticipate future needs, and make informed decisions that support your long-term business goals.
Unique Tools to Assist in Vendor Selection
To help you make an informed decision, DMA also offers several proprietary tools and resources to aid in your vendor selection process, including:
Scorecard Analysis: Our weighted scorecard quantifies what’s important to you, ensuring a data-driven decision-making process.
Software Demos: We facilitate visual demonstrations of all viable tax solutions, allowing you to see each option in action.
Solution Design Illustration: A detailed project architecture design shows how the chosen software will integrate into your existing processes.
Client Testimonials: You’ll gain insights from real-world examples of similar organizations using each software solution.
By choosing a tax engine that best fits the unique needs of your business, your tax department becomes more efficient while achieving greater overall accuracy and compliance.