The ultimate BEPS Pillar Two software checklist

The ultimate BEPS Pillar Two software checklist

The countdown is on for multinational corporations subject to the OECD’s BEPS Pillar

Two. This global directive strikes at the heart of:

  • Close and consolidation processes
  • Global workflow structures
  • Data siloes
  • Strategic decision making

The bad news? ERPs, spreadsheets, and isolated regional systems will not suffice when

it comes to the heavy data requirements, complex calculations, and 360° top-to-bottom

analysis BEPS Pillar Two requires.

 

The best way for MNEs to take on BEPS Pillar Two is through a corporate performance

management approach. CPM software provides a platform approach that can streamline

data collection, rapidly process GloBE calculations, and integrate tax into financial close

and consolidation processes.

 

In this checklist, we’ll provide a comprehensive overview of the capabilities you should

look for in a global minimum tax solution. Use it to identify software that will help you

ease the transition to BEPS Pillar Two, and cope with requirements — strategically.