Company Profile

Cisco Systems is the worldwide leader in networking for the internet. It provided the broadest line of solutions for transporting data, voice and video within buildings, across campuses and around the world. Its IP networking solutions are the foundation of the Internet and most corporate, education and government networks around the world.

Business Challenges

Cisco's tax professionals needed a tax solution with the ability to respond to and fully support the company's rapidly changing global business environment. They needed a solution that would empower them to quickly and easily implement tax, business and system changes without requiring substantial support and custom programming by IT. The global transactional tax solution needed to seamlessly integrate with their mission critical Oracle 11i E-Business Suite Applications and provide accurate tax determination for all sales and purchase transactions at the line and item level, as well as at the total invoice level.

Solution Utilized

Cisco is now deploying ONESOURCE Indirect Tax globally

Benefits Realized

By automating global transactional tax through ONESOURCE Indirect Tax, Cisco achieved the following:

• Significant reduction of unnecessary IT and tax costs involved in compliance and tax system maintenance
• Added business responsiveness
• Global visibility
• Control and seamless integration with its sales and purchasing business processes