Simplifying and automating tax management.
Brazil has one of the most complex tax systems in the world, along with a high tax burden. There are numerous main obligations (tax collection) and ancillary obligations (tax records and declarations) required at various governmental levels (Federal, State, and Municipal) through several public agencies, under penalty of heavy fines for delays (late delivery) and material errors (omission or inaccuracy of content). As if that were not enough, approximately 4 tax-related legal changes occur every hour. This scenario is conducive to errors that burden companies' operations, imposing costs and risks with direct impact on their cash flow and, consequently, on their level of competitiveness. The Tax Intelligence and Management Platform: TIMP was created precisely with the purpose of reversing this situation, significantly reducing organizations' tax compliance costs and the risk of penalties, while providing increased operational performance and information accuracy through process automation, autonomous tools, and decision support.
