Kai Ranabargar, Principal
Backed by more than two decades of experience in leading technology implementations and process re-engineering projects for corporate tax departments, Kai Ranabargar, a former “Big Four” national transaction tax process & automation lead, is well-versed with the nitty-gritty of what it takes to design and implement transaction tax systems. While high-growth companies are aiming at shorter innovation cycle time for their products, Ranabargar opines that the challenges for such organizations boil down to implementing a solution that strikes the appropriate balance between cost, implementation timeline, and reducing the risks associated with transaction taxes. This is where Tax Technology Group intends to make a difference.
Aligned with the clients’ business goals, timeline, and budget, Tax Technology Group acts as project manager, solution architect and tax policy partner to design and implement transaction tax technology solutions that are tailored to the clients’ specific needs. The uniqueness of Tax Technology Group stems from the in-depth and rich experience of successful implementations it brings to the table with a team of highly skilled technical and functional experts.
“Eliminating the traditional approach adopted by other boutique firms, we are more focused on addressing tight timelines. While everything in the tax landscape is moving at a faster pace, Tax Technology Group is well positioned to deal with every customer challenge in the industry with tailor-made solutions,” explains Ranabargar, Principal, Tax Technology Group.
With extensive experience in designing and implementing transaction tax systems, Tax Technology Group guides clients through adapting changes in their business processes including billing, procurement & payables, asset management to properly tax sensitize these core processes and underlying systems.
You don’t just get an effective solution. You’ll understand what it is, how it works and how it benefits the organization
Once partnered with a client, TTG’s experts navigate the organization through the implementation process including the necessary changes to core business processes, billing, procurement, and asset management systems, tax policy integration points and configuration of a third-party tax engine. TTG partners with clients through the entire process. When it comes to implementation, the team strictly follows a proven software implementation lifecycle. “Following a proven implementation methodology significantly reduces risks,” adds Ranabargar.
Tax Technology Group (or TTG) addresses diverse issues for clients in industries which have complex tax compliance requirements including construction contracting, manufacturing, financial services, and hospitality. One of their most significant selling points is the company’s ability to strike the right balance between cost, schedule, and quality to ensure the project ROI is strong. Since opening its doors, the company has been a valued tax process partner to some of the leading organizations across the globe. In one instance, the company assisted a multi-billion-dollar distribution firm implement a third-party tax engine in less than 4 months. “With our experience and the team of experts, we were able to successfully meet the very aggressive timeline for the customer and come in under budget,” extols Ranabargar.
Also, the recent South Dakota vs. Wayfair, Inc.
US Supreme Court decision will dramatically impact the sales tax collection responsibilities for businesses of all sizes. Tax Technology Group (or TTG) is at the forefront of offering innovative support. We are making a concerted effort to work with businesses of all sizes to help them navigate the new sales tax collection rules – I believe we are well positioned to help companies react with cost-effective solutions.