Deploy Industry-Leading Identity Resolution Technology in Tax and Revenue
Taxpayer Inquiry
Many of Informatica's tax and revenue customers use the Informatica solution for identity resolution in tax and revenue to help find a taxpayer's record when an ID number is unavailable or incorrect. Examples include telephone inquiry, agent inquiry, and back-office processing of tax returns and other correspondence.
New Taxpayer Screening
To minimize duplication and reduce the potential for fraud, a thorough search—using all available identity details, including name, address and date of birth—should occur before adding a new taxpayer. The Informatica solution for identity resolution in tax and revenue includes strategies for exhaustive searching of tax files so that if a possible match exists, it is found, regardless of possible variations in the data.
Tax Number Confirmation
Using Informatica's intelligent identity data matching, a match that was found via a tax number should be verified using other details such as name, address, and date of birth. This type of confirmation is vital in a batch system to maximize information integrity.
Compliance Investigation and Tax Discovery
Discovering potential cases of tax noncompliance is an ongoing requirement that benefits greatly from the Informatica solution for identity resolution in tax and revenue. This solution offers the ability to match large volumes of identity data in or between files, despite differences in data format and quality, without the need for programming or complex setups. Matching can be performed on data related to people, accounts, organizations, contacts, businesses, and even at the address or family level. Users can define matching rules to be tight or loose, to include or exclude matching fields, and to attribute different weights to different fields. The data itself might come from one file, from multiple tax files, or from a mixture of internal and external files. The output can be files of unique matched records, multiple matches, or unmatched records.
Data Consolidation
A critical step in the construction of an integrated tax system or data warehouse involves matching and merging taxpayer data from the contributing systems. The Informatica solution for identity resolution in tax and revenue performs this matching reliably, delivering a consolidated view of the data, despite the often large volumes of data involved, differing input formats, and diverse data quality.