CTS Testimonial

As part of a diverse multinational group, Group Taxation Manager of XYZ Education faces a tight deadline from the time the required information is made available to the deadline for the Group's consolidated tax return. The Group Taxation Manager has found CTS to be a solution she can rely on to efficiently produce the Group's consolidated tax return in the short timeframe provided. Being an experienced user of taxation software, the Group Taxation Manager found CTS (in comparison to other alternatives) to be an intuitive software solution with the capabilities to produce succinct outputs under time pressures. In addition, she has lauded the level of service and responsiveness from the CTS Team as exceptional, stating "I would always recommend Moore Stephens and CTS on these grounds alone."

Group Taxation Manager
Multinational Company in the Education Industry

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"CTS was selected as the software to be used for tax provision and consolidated tax return purposes for year-end.  The package was selected on the basis that it had all of the required attributes and used Excel functionality.  

Having previous experience with other tax consolidation packages we thought that this package would be easy to implement and use and that has proven to be the case. In the period since the software was loaded onto the server we have:

  • Learned how to use the software
  • Mapped two charts of accounts involving 10,000 accounts
  • Uploaded 50+ trial balances
  • Produced a reconciled tax provision
  • Produced a consolidated tax return on a bottom-up basis
  • Completed the review; and
  • Lodged the group's consolidated tax return.

I have found the software to be user-friendly, stable, easy to implement and due to the use of Excel functionality, easy to learn and use.

The package surprised by having all of the relevant tables built in. The CTS help desk services are efficient and facilitate continuous processing. The end result is a quality document with detailed schedules that provide a full audit trail.

Using CTS has been a good experience."

Tax Manager
Large Listed Australian Company in the Mining Industry


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"CTS works like a dream. It has improved our efficiency and freed up critical management time. The automatic disclosure notes function is perfect. The validation function is great; it serves as a separate review tool and helped us to identify and pinpoint errors and reconciliation differences.

Using CTS to bring the tax reporting process in-house has empowered management and provided us with greater control of the tax reporting and compliance tasks.  Being able to use the same software for both the tax reporting and tax return preparation process eliminated duplication and simplifies the accounting for under/over provision for income taxes.  The software is very easy to use, so the transition was hassle free."

Financial Controller
Large Multinational Company in the Dairy Industry


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The Group Accountant uses CTS as the solution for the Group's year-end reporting requirements. The Group's tax effect accounting calculations, consolidated tax provision calculations and the tax return for the Australian entity are all prepared using CTS. With a large number of entities to manage (20+ foreign entities and 1 Australian entity), the Group Accountant has found CTS to be a time-saving solution courtesy of the accounts integration module which has allowed her to import the trial balances from the accounting system with ease. The structured workpapers and outputs has also delivered consistency to the presentation of the group's tax file which has made it a more transparent process at the review stage. She also adds, "It is refreshing to be affiliated with an organisation who is willing to listen to your comments. The results of this are evident, with a product that is always evolving into something better. The CTS Team's approachability, timely assistance and level of personalised service has been greatly appreciated."

Group Accountant
Large Multinational Company in the Web and IT Services Industry

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"…The CTS team is very responsive, professional and helpful."

Financial Controller
Large Multinational Company in the Chemicals Industry

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The Corporate Tax Team of a National Oil Refiner & Marketer has praised CTS as it has proven to be a practical software package with features such as its ease-of-use and simple to navigate being particular highlights of the package. With a large number of entities in its Tax Consolidated Group, the ability for the software package to produce the consolidated income tax return in a timely manner was paramount. CTS enabled the National Oil Refiner & Marketer to efficiently achieve this outcome via a bottom-up approach which meant the Group was able to effectively roll-out each of the entities to its staff for completion. The transition to CTS and the income tax preparation process was also well supported by the CTS Team which was responsive and always on-hand to assist throughout the entire process.

Corporate Tax Team
National Oil Refiner & Marketer

 

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"…I have overall been very pleased with CTS.  The personal after sales service since 2007 has been outstanding & greatly appreciated."

Financial Controller
Large Australian Company in the Telecommunications Industry