Is your tax staff ready for the next Generation of Audits?

State sales tax audits are now looking at exemption certificate in a whole new light. New regulations under the Streamlined Sales Tax Agreement move the burden of detailed review firmly on the purchaser. The Vendor now has a stronger ability to accept your exemption certificates in good faith. When one of your suppliers is under audit, how confident are you that your staff provided the correct documentation?

CertKeeper is not just a tool for the Tax Department. All employees that have contact with vendors should be given access to the CertKeeper system. The structured responsibility settings within CertKeeper allows one manager to maintain an accurate overview of what exemption certificates have been delivered and what actions need to be taken to bring the company into compliance.

The CertKeeper solution provides:

• Stronger compliance with Internal Audit requirements developed under Sarbanes-Oxley.
• Assurance that your staff will use the correct exemption certificate form for each purchase and it will be filled in as regulations state.
• Reduced redundancies, letting you know who already has copies of your issued exemption certificate and when it will expire.