How does AI.TaxAssist assist in workflow management?
AI.TaxAssist assists in workflow management by providing options for approval levels and accommodating the needs of both small and large tax firms. Be it the necessity of a simple pay-per-assessment plan or an intricate experience with features like client portals, AI.TaxAssist caters to all.
How does AI.TaxAssist analyze patterns of revenue flow and transactions?
AI.TaxAssist uses its artificial intelligence capabilities to identify patterns in the revenue flow, transactions, expenses, and more. With each use, it continues to develop a more precise and comprehensive statistical image of the user's firm data.
Why is AI.TaxAssist beneficial for small and large tax firms?
AI.TaxAssist benefits both small and large tax firms by providing tailored experiences. For smaller firms, it offers a cost-effective pay-per-assessment plan. For larger firms, AI.TaxAssist offers a more elaborate experience, featuring multiple roles, streamlined workflow management, and end-client portals.
How does AI.TaxAssist minimize manual human error?
AI.TaxAssist minimizes manual human error by automating tasks such as data ingestion and e-filing for Form C-S. It integrates directly with IRAS e-filing for Form C-S and GST, substantially reducing the likelihood of errors.
Does AI.TaxAssist integrate with IRAS e-filing for Form C-S and GST?
Yes, AI.TaxAssist directly integrates with IRAS e-filing for Form C-S and GST to minimize manual human error.
What are the different pricing plans offered by AI.TaxAssist?
AI.TaxAssist offers a simple pay-per-assessment plan for small tax firms where they pay $10 SGD per assessment. For larger firms, it provides a more sophisticated experience with options to customize their workflow management, multiple roles, and client portals as per the firm's needs.
What additional features does AI.TaxAssist provide for tax preparations?
Additional features provided by AI.TaxAssist for tax preparations include automatic tax classification suggestions and a flexible workflow that permits tax preparations even with only the PL and Fixed Assets files.
Does AI.TaxAssist offer multiple roles and workflow management for bigger firms?
Yes, for larger firms, AI.TaxAssist provides multiple roles ranging from Admin to Senior Manager for advanced role management. It also offers a unique workflow management system that is fully customizable according to the firm's needs.
How is communication handled in AI.TaxAssist?
In AI.TaxAssist, communication is streamlined through an integrated client portal and a unified messaging system. This makes it easy for clarifications, sign-offs, and overall improved communication between the firm and its clients.
What is the purpose of the integrated client portal in AI.TaxAssist?
The integrated client portal in AI.TaxAssist consolidates all client interactions and requests. It eases the exchange of necessary data and prioritizes clarifications and sign-offs related to tax preparations and submissions.
How does AI.TaxAssist help in tax classification?
AI.TaxAssist helps in tax classification by utilizing its AI engine to read the General Ledger and automatically suggest tax classifications, mimicking the function of a junior tax agent.
How does the AI of AI.TaxAssist help improve my firm's data over time?
The AI engine in AI.TaxAssist progressively builds a better and more accurate statistical picture of your firm's data with every use. The AI identifies patterns in revenue flow, expenses, and transactions to continually improve and provide smarter, more efficient handling of the firm's data.
What are the approval levels in the AI.TaxAssist's workflow management?
The approval levels in AI.TaxAssist's workflow management cater to the firm's needs, ensuring that the workload is divided and managed effortlessly for different roles within the firm. While specifics about the number and role of these approval levels haven't been provided, they are a part of the full workflow management system.
How does AI.TaxAssist support tax preparation with only the PL and Fixed Assets files?
AI.TaxAssist supports tax preparation with only the PL and Fixed Assets files by offering a flexible workflow. This feature is particularly beneficial when the General Ledger is not available from the client.
Does AI.TaxAssist have a messaging system for clarifications and sign-offs?
Yes, AI.TaxAssist contains an integrated messaging system that streamlines clarifications and procuring sign-offs needed for preparing and submitting tax returns. Communication is consolidated into one place for ease of use and enhanced productivity.