HomeGlobal Tax & ReportingGlobal Reporting & ComplianceMNC captive centre in India automates 400+ tax returns globally and saves $127K per annum Global Tax & Reporting MNC captive centre in India automates 400+ tax returns globally and saves $127K per annum Thomson Reuters | 25 August 2020 The requirement of this US multinational company with a global turnover of almost $4 billion, was to adopt technology that would create a seamless filing process for its captive centre in India that supports all the indirect tax returns filing across the globe. But their goal was also to achieve: reduced costs and improved efficienciesa greater control over data sharing and securitya reduced dependency on external consultants. And the result? All of the above and more: $127K annual recurring saving;securing data in sharing arrangements with external consultants, while reducing their fees from an average of $750 to $200 per return and their hours by halfslashing both the hours of the MNC’s internal resources per return by 60% and their FTE resources by two thirds, while allowing their staff to work on data securely from home, a welcome surprise from their pre-pandemic implementation. Find out how! Download the Case Study now