Tax Provision Automation | Dayos | AI for Business

CHALLENGE

Quarterly tax provisions require intensive manual calculations, reconciliations, and validations across multiple jurisdictions. Frequent regulatory updates and data dependencies between payroll, GL, and fixed assets make the process time-consuming and error-prone. Finance teams face compliance risks, audit findings, and delayed filings due to these fragmented workflows.

Lengthy Tax Provisions
Tax processes consume a large part of the quarterly close.
Manual Tracking
Most organizations still track deferred taxes manually.
Frequent Regulation Changes
Constant updates demand real-time policy alignment.

SOLUTION

Hero automates book-to-tax reconciliations, deferred tax calculations, and provision journal entries within Dayos. It applies current tax laws automatically, calculates uncertain tax positions, and generates supporting documentation for auditors — all while ensuring transparency and audit readiness.

Automated Tax Adjustments
Calculates book-to-tax differences and deferred tax schedules accurately.
Dynamic Compliance Updates
Applies new tax laws and rates automatically across entities.
Uncertain Tax Position Modeling
Quantifies FIN 48 reserves and scenario impacts.
Audit-ready Reporting
Generates comprehensive documentation and reconciliation trails for auditors.

RESULT

Hero ensures tax teams spend more time on strategy and less on manual reconciliation. By automating the entire provision workflow, organizations achieve faster closes, improved compliance, and reduced audit exposure.

Significantly reduce tax provision cycle
Ensures full SOX and IFRS compliance
Minimizes tax audit adjustments and errors