Oracle Tax Reporting - Deloitte US

1 Oracle Tax ReportingBringing Tax & Finance Together1 Marc Seewald, Senior DirectorOracle Product Management30 November 2016 Copyright 2016, Oracle and/or its affiliates. All rights reserved. |Safe HarborStatementThe following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle s products remains at the sole discretion of Finance TodayTax Reporting Cloud DemonstrationOracle Solution OverviewQ&A1234 Copyright 2016, Oracle and/or its affiliates. All rights reserved. |Copyright 2016, Oracle and/or its affiliates. All rights reserved. |Corporate Finance systems are shifting to the CloudGrowing mindshare for connecting related business processesThe last, best chance for change for this generation of tax Finance Today4 Copyright 2016, Oracle and/or its affiliates.

2 All rights reserved. 5 Most Common ERP & EPM Cloud Adoption PatternsFinancials CloudEPM CloudINNOVATE AT THE EDGES$3 BIn savings over 3 years at Mondel z InternationalERP CloudTRANSFORM CORE ERP12%+Margin improvement at Esterlinethrough consolidationGET READY FOR GROWTH15 Small business apps were replaced by PandoraCopyright 2016, Oracle and/or its affiliates. All rights reserved. Copyright 2015, Oracle and/or its affiliates. All rights reserved. | Oracle Cloud195+Countries15+ yearsManaging Enterprise Applications20 Data Centersserving75%+of Fortune 100 Run Oracle Cloud70M+Users/Day33B+Transactions/Day 19 of20 Top Cloud Providers Run on Oracle624+Cloud Platform ServicesDevelopersWorldwide9M+Copyright 2016, Oracle and/or its affiliates. All rights reserved. |Best practice global tax Reporting framework out-of-the-boxTax workflow and governance built-inIntegration with ERP, EPM, & beyondBringing Tax & Finance TogetherTax Reporting Cloud7 Copyright 2016, Oracle and/or its affiliates.

3 All rights reserved. |Tax ProvisionCbCRWorkflowDashboardCopyright 2016, Oracle and/or its affiliates. All rights reserved. |Actual Template Provided by the OECDThe Oracle Cloud is a Natural Fit for CbCR= HFM, Oracle Cloud, or 3rdparty= Tax Reporting Cloud= HR SystemCopyright 2015, Oracle and/or its affiliates. All rights reserved. |Authoring, Collaboration & Sign off9 Master File & Local FileMaster File StructureLocal File StructureNote: OECD has introduced Surrogate Reporting (Master file to be completed by local country if US does not produce one)Copyright 2015, Oracle and/or its affiliates. All rights reserved. |Copyright 2015 Oracle and/or its affiliates. All rights reserved. 10 Narrative Reporting for Country by Country ReportingCopyright 2016, Oracle and/or its affiliates. All rights reserved. |Tax Reporting CloudDemonstration11 OverviewWorkflow Manage all tax-related tasks across the globe Provision, tax returns, audits, CbCR, R&D, Provision & CbCR Data Collection Tax Automation (Financials, FA, withholding, etc.)

4 Data StatusSupplemental Data Sales & VAT Tax Tax treatment of Deferred Revenue (IFRS 15) Analysis of Supply Chain 2016, Oracle and/or its affiliates. All rights reserved. |CompleteFinancial & Tax SolutionFinancials(GL, FA, RevMngt, SalesTax, Stat)Supply Chain(transfer pricing)Planning & BudgetingGlobalIntegrationsMobileSocialS elf-Service ReportingSelf-Service ApplicationsDashboards & Work AreasEmbedded IntelligenceFinancial ConsolidationsReporting & Analytics w/ NarrativeEnterprise Planning(LE Forecast)Transfer Pricing & CbCRFinancial Consolidation(GAAP/IFRS)StatutoryReporti ng & Analytics w/ NarrativeIndirect Tax ReportingTax ProvisionERP CloudEPM CloudTax Reporting Cloud Services (TRCS)Profitability & Cost Management Cloud Service (PCMCS)Copyright 2016, Oracle and/or its affiliates. All rights reserved. |Taxis pervasive across the Oracle #Business ProcessOracleProductRelationship to Tax1 FinancialConsolidationEPM CloudChart of Accounts; taxmust reconcile to GAAP/IFRS2 Budgeting & ForecastingEPM CloudLegal entity forecasts; Tax impact of long range planning3 Profitability AnalysisEPM CloudTransfer pricing = legal entity allocations4 Narrative ManagementEPM CloudNarrative for CbCRdisclosures5 Account ReconciliationEPM CloudTransfer pricing = Intercompanyaccounting6 VAT & Sales TaxFinancialsCloud Total Tax analysis7 StatutoryAccountingFinancials CloudStat tax automation from sub-ledger account8 IFRS 15 / ASC 606 Revenue ManagementRevenue recognition s impact on tax9 Tax Value ChainSupply Chain ManagementTransfer pricing impact of the supply chainEPM Cloud Tax data warehouses & one-off tax solutions are NOT the answer.

5 Fix the problem at the core!!Copyright 2016, Oracle and/or its affiliates. All rights reserved. |Questions?Confidential Oracle Internal/Restricted/Highly Restricted14