Today’s biggest challenges for tax authorities
Tax administrators face a range of challenges in their missions to maximize tax collections, reduce the tax gap, identify fraud and non-compliance, and operate as efficiently as possible with limited resources. They face:
- Increasing levels of large-scale fraud, enabled by the growing reliance on digital channels for tax filing and reporting.
- Rapidly increasing volume and complexity of data.
- Globalization trends that facilitate profit-shifting strategies.
- Unprecedented time pressure for faster decision-making and action.
Detect non-compliance and tax fraud with Contextual Decision Intelligence
Empower your teams with the right tools to build a comprehensive view of any taxpayer and case, and make complex information easy to understand.
Use our Contextual Decision Intelligence platform to:
- Prioritize your focus on the highest risk people, businesses, channels, and losses
- Identify more instances of fraud and non-compliance
- Automatically discount non-fraudulent events and minimize false positives
- Reduce the time required to complete investigations
- Detect more fraud and non-compliance as filings are made and transactions occur
increase in accuracy
scale to over 66bn records
Using Data and Analytics for Maximum Impact in Tax Authorities
Advanced analytics and AI are reshaping how tax authorities and other government organizations operate.
Find out how you can overcome challenges that hamper projects and understand the necessary steps required to become a truly data-driven organization.
How our platform works for Tax Administrators
Quantexa’s open source technology provides a single strategic platform that scales across applications and systems giving you a connected view of your data for multiple use cases.
1
2
3
Enrich
your data
Resolve each taxpayer by connecting internal and external data so that you have a single, consolidated view.
2
Create a dynamic view of relationships
Build networks out of connections between taxpayers and other related entities so that you can see their activities in context.
3
Build analytics models based on real-world expertise
Develop models to help automate processes and inform decisions, prioritizing areas of interest, concern, and impact.
Solution brief
Grow revenue, increase compliance, and gain actionable insights
See how Quantexa allows tax administrators to develop actionable operational insights, formulate strategies, and apply agency resources more effectively to maximize revenue collection.
The benefits of the Quantexa platform for tax authorities
Reduce the tax gap
Identify and focus on the most impactful revenue opportunities.
Increase speed; be proactive
Assess filings and transactions as they occur to detect fraud and non-compliance.
Empower your investigators & auditors
Give them tools to build a comprehensive view of a case quickly.
Increase collection rates
Provide insights to collection teams that will increase their success.
Utilize more external data
Entity Resolution lets you analyze more data from multiple sources for a more complete view.
Gain insight from visualization
Dynamically adjust matching parameters to discover hidden relationships and patterns.
Why use the Quantexa platform
Build once, use many,
ingest to create a single
view with networks
Apply your data to multiple use cases—without replicating data sets.
Make faster,
more accurate decisions
Use context to improve decision accuracy across the organization, find new opportunities and uncover risk.
Scale to billions of records
in batch or real time
Built on proven, scalable open source technologies like Hadoop, Spark and Elastic.
Future-proofed open architecture
Integrate seamlessly into your existing IT ecosystem, with flexible deployment options: native, or containerized for private and public cloud.
Ensure data transparency
Use explainable data linking, advanced AI and decision models for regulatory compliance.
Keep your data secure
Rely on granular security levels for dynamic control, with all activity audited.
Speedy time-to-value
Operationalize your data in a matter of months – not years.
Overcome data
quality issues
Use entity resolution and data volume to overcome missing or poor quality data.
Get the latest thinking, advice and opinions
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Book a demo
See how our Contextual Decision Intelligence platform prevents fraud before it happens, creates a real-time view of your customers, and reduces false positives.