Taxware and a First Data Corp. have announced that Countrywide Financial Corporation has selected Taxware Enterprise and TaxSolver as its global transaction tax calculation and reporting software solution.
The implementation, which is scheduled to be completed this spring, will be one of the tax compliance industry’s first global transaction tax systems to integrate with PeopleSoft Enterprise Payables 8.8.
“As a growing company with a global presence, Countrywide needed a transaction tax solution with the ability to interface with multiple procurement and sales platforms including PeopleSoft Enterprise Payables 8.8,” said Steve Sylvers, Managing Director of Corporate Tax at Countrywide. “Additionally, we wanted an integrated tax return compliance tool with the power to help increase efficiency and the functionality to fit into our control environment.”
“We are delighted to add Countrywide Financial to our list of global customers,” said David Treinen, president of Taxware. “With a multinational base of operations and the obligation to comply to multiple sets of tax laws across many geographies, we believe Countrywide can benefit from Taxware’s ability to seamlessly calculate the right tax liability across its entire global operation.”