The Orbitax Entity Tracker provides a historical record of all changes in an entity’s life cycle. This includes legal and tax-relevant information, offering you a single, easy-to-access database for reviews and audit purposes whenever necessary.
Orbitax Entity Tracker
Maintain a historical record of all entity data with sophisticated filtersBook a Meeting Find out more
Overview
Tax and finance professionals often face the daunting task of managing a plethora of changes in an entity’s lifecycle. These changes include legal and tax-related information, such as ownership changes and entity type modifications. The challenge is further compounded by the need to gather and update this information from various sources, ensuring accuracy and timeliness for audits and reviews. Manually tracking these changes can lead to errors, missed updates, and inefficiencies. Orbitax Entity Tracker plans to alleviate all the above and make your life easier.
The Orbitax Entity Tracker is a crucial tool for efficiently managing and monitoring M&A changes, such as Entity Name Changes, Liquidations and Mergers & Acquisitions, while ensuring accurate results & smooth tax compliance. With our tracker, you can create tailored reports and dashboards, and easily collaborate with stakeholders to smoothly manage your entity information.
Key Features & Benefits
| Key Features | Benefits |
|---|---|
| A historical record of all changes in an entity’s life cycle including legal and tax relevant information, such as ownership changes and changes to entity types. | Have a historic database of changes to entities in a single, easy to access place for reviews and audit purposes when necessary. |
| Entity data can be uploaded from any source in any format, including Excel, 3rd party software via API connection, PDF and XML Schemas, or by gathering information from stakeholders via data surveys. | Streamline the data input process by having multiple import options and choose whichever is convenient for you. |
| Real-time collaboration among stakeholders who are required to upload, update and review data. | Keeping your tasks on track and everyone on the same page. |
| Flexible reporting, including details of entity changes, entity data to populate various tax compliance forms like US and OECD Country-by-Country reports, or custom reports with entity codes and other data transformed into the correct format for use in 3rd-party systems. | Get valuable insights into the evolution of their business entities over time. |
| Automatic scheduling of custom reports to be distributed to various stakeholders. | Avoid the hassle of manually sending periodic reports to internal and external stakeholders and have custom reports scheduled to be automatically sent periodically. |
| Leverage your entity data with any solution on the on the Orbitax International Tax Platform. | Sync your entity information across the entire Orbitax Platform for different solutions without having to manually import/input for each solution. |
| Connected to a comprehensive Entity Designer tool to view the entity data in graphical format and export the views into PDF, and Microsoft® PowerPoint, Excel, and Word. | Share the charts directly from the solution without having to go through a conversion process afterwards. |
| Supercharge the Entity Tracker with the Orbitax Executable Actions Tool, allowing you to create, share, and execute any recurring business processes based on conditional steps and actions. From start to finish. | Never forget to request updates and automatically process changes in a controlled manner. |
Powerful Collaboration Tools
Add any Orbitax solution license to receive a host of complimentary powerful tools to integrate with your daily workflow...
Dashboard & Analytics
Get an overview of various data elements being maintained on the Orbitax platform including footprint data and data from the Orbitax Tax Rules & Rates Database. Powered by Microsoft Power BI.
Contacts & Chat
Import your list of contacts into Orbitax, assign roles and permissions, and chat with individuals or create custom groups to discuss data population, filing obligations and anything in between.
Video Meetings
Use the built-in Orbitax Meet feature to start or schedule a video meeting with members from your Orbitax Contacts list. Arrange meetings, share your screen and save meeting recordings to the Orbitax Drive.
Document Repository
Secure document storage and management for all your tax documentation, files and meeting notes. Boost your file storage premium features available with the Orbitax Drive.
Task Manager
Assign tasks and timelines to various stakeholders, including checklists, attachments, comments, custom alerts and more. Monitor and manage all tasks from the powerful Task Manager dashboard.
Activity Tracker
Automatically monitors and displays all activity across your Orbitax projects, including when users log in, change/upload data, along with timestamps and ability to generate comprehesive audit reports.