Data Warehouses are some of the newest and most effective solutions for government agencies in the war against tax fraud. Teradata provides low-risk, high-ROI
Enterprise Data Warehouses (EDW) to tax and revenue agencies focused on
tax applications. Our network of Tax Compliance experts is the best and most experienced in the industry, and we deliver every time on our revenue projections.
The State of Texas Comptroller's Office was one of the first to implement Teradata Technology as part of their tax solution in 1997, and has since collected more than $600 million in additional taxes—an ROI of more than $1 million per week. In 2006, Texas tested Teradata against major competitors' tax compliance solutions and found Teradata Solutions to be far more robust.
Iowa's Department of Revenue has achieved a 1000% ROI from their Enterprise Data Warehouse from Teradata. Teradata Solutions provides them with a single integrated view of all internal and external data resources accessible to ensure open and accurate intra-departmental communication, as well as help identify tax rules and regulations that need to be clarified.
The State of Missouri selected Teradata Solutions as the basis of developing its new Tax Compliance System designed to improve compliance in the business and individual income tax, sales tax and corporate/franchise tax areas. This decision was based on the success Teradata has helped other states achieve.
The State of New Jersey, Department of Treasury, Division of Taxation has implemented a tax solution based on the Enterprise Data Warehouse from Teradata to bring compliance data together for query and business intelligence and improve compliance processes through better use of available data and standardization.