Oracle Announces Availability of Oracle Tax Analytics 2.0

Tue Nov 27, 2012 8:00am EST

* Reuters is not responsible for the content in this press release.

  REDWOOD SHORES, CA, Nov 27 (Marketwire) -- 
Oracle (NASDAQ: ORCL)

    News Facts


--  Oracle announced the availability of Oracle Tax Analytics 2.0, an
    enterprise data warehouse solution that addresses public sector
    agencies' multi-purpose operational and predictive analytical needs
    for tax and revenue management.
--  The solution includes a pre-built Oracle Tax Data Model that is
    designed to integrate and store transactional and historical data from
    multiple sources -- such as data from the Census Bureau or Department
    of Motor Vehicles -- and then analyze current and historical
    information to make predictions about taxpayer behavior and
    motivations. This enables organizations to take the most effective
    compliance and risk management actions.
--  Oracle Tax Analytics also includes pre-built operational analytics and
    performance monitoring functionality that enables public sector
    organizations to set specific objectives (i.e. improve collections),
    define key performance indicators (KPIs) (i.e. total amount of tax or
    outstanding debt collected) and revise objectives based on results.
    This functionality brings together KPIs from all departments to
    present agency-wide performance reports to executives. It also enables
    organizations to drill into individual departments' dashboards to
    better understand why an objective or KPI is above or below target.
--  With Oracle Tax Analytics, public sector organizations can
    continuously monitor progress and get consistently accurate results,
    without requiring IT intervention or an army of business analysts to
    manually calculate each KPI. This ensures accurate and consistent
    calculations across the agency, provides all users access to the same
    information, and enables timely issue identification -- ultimately
    making the entire analytics and performance monitoring process more
    efficient and effective.

    

Supporting Quotes


--  "Today, public sector agencies face unique challenges including the
    need to increase revenue without raising taxes, to improve and expand
    taxpayer and citizen services as well as to run an efficient business
    operation that performs within budget. Effective business intelligence
    is more critical than ever. Using Oracle Tax Analytics 2.0, public
    sector agencies can better understand their tax and revenue operations
    and make more informed decisions that can lead to better taxpayer
    service, improved operational efficiency and increased collections and
    compliance," said Mark Johnson, senior vice president, Oracle Public
    Sector.

    

Supporting Resources


--  Oracle Public Sector
--  Oracle Tax Analytics
--  Oracle Public Sector on Facebook
--  Oracle Public Sector on Twitter
--  Oracle Public Sector on Diigo

    

About Oracle in Industries
 Oracle industry solutions leverage the
company's best-in-class portfolio of products to address complex business
processes relevant to public sector, helping speed time to market, reduce
costs, and gain a competitive edge.

    About Oracle
 Oracle engineers hardware and software to work together in
the cloud and in your data center. For more information about Oracle
(NASDAQ: ORCL), visit www.oracle.com.

Trademark
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registered trademarks of Oracle and/or its affiliates. Other names may be
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Contact Info
Katie Barron
Oracle
+202-904-1138
katie.barron@oracle.com

Lacy Cooper
O'Keeffe & Company 
+540-364-5913
lcooper@okco.com 

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