| Characteristic | Tax Trilogy | Classic Outsourcing | Ideal Client Profile |
|---|---|---|---|
| Business Knowledge |
Understanding clients business operations through our implementation process and on-going approach Endeavoring to continuously improve core knowledge of clients business operations |
No need to understand underlying business operations--simply rote compliance processing of data received |
Interested in having a compliance provider that is knowledgeable about the underlying business fundamentals |
| Integration |
Strives to achieve integration with client's tax staff. Success measured by being viewed as a core member of the Client's team |
Integration is not seen as a requirement and it isn't pursued |
Inclusive environment that fosters mutual respect and team work that allows Tax Trilogy to participate as a member of the collaborative team |
| Quality |
Understanding that quality compliance is the foundation of all tax strategy initiatives Source data analysis to ensure completeness and initial quality. Input-output controls, business and tax trending analysis, reconciliation reports, and application of unique technologies - TriloConnect™ to drive transparency |
Focus on producing accurate tax returns based on data received from clients with sound input-output controls (assumption that source data is accurate) |
Understand the value of high quality compliance to : (i) corporate reputation, (ii) good fundamental corporate governance, (iii) creating the proper foundation for assessing and managing risks and opportunities, and (iv) create a highly energized tax team that is focused on leveraging themselves with superior data Imaginative and bold in executing plans to continuously improve tax operations |
| Relationships |
Focus on end-to-end processes and recognizing that strong relationships throughout the supply-chain are key to success |
Focus on rote compliance does not require strong relationships with clients or taxing jurisdictions |
Value having credible relationships with taxing authorities, and transparent interactions with service providers |