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HP and Oracle deploy a new Comprehensive Tax System
HP and Oracle today announced the Commonwealth of Kentucky has deployed a new Comprehensive Tax System (CTS) designed to improve revenue administration and collection functions for its Department of Revenue, Finance and Administration Cabinet.
The system officially went live on Aug. 21 in support of the Commonwealth’s tax modernization program with immediate plans for delivering improvements to the Coal Severance Tax process. This process provides more than $230 million in revenue to the Commonwealth each year. HP Enterprise Services is using the Oracle® Enterprise Taxation Management application and Oracle Database to facilitate the modernization effort.
It’s always great to see what range of technologies are being deployed, and how they are being integrated into the organization to transform delivery, reduce costs and improve performance, an interesting announcement, I’m off to check out more.
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