ACCURATE AUTOMATED REPORTING WITH ALPHACAT
Our FATCA and CRS reporting engine helps you get your international reporting for Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standards (CRS) right, first time.
HOW ALPHACAT CAN HELP
ENSURES COMPLETE COMPLIANCE
Software updates in response to tax authority changes mean you don’t need to monitor changing schemas or reporting requirements.
CATERS FOR XML SUBMISSIONS
Automatic validation checks as data is imported and converted minimise the risk of rejection.
REDUCES COSTS
Avoid the expense of deploying in-house software or outsourcing as well as the costs of dealing with enquiries or corrections.
PROVIDES EXPERT SUPPORT
Our team and online tutorials provide you with dedicated support throughout the process.
MAKING FATCA/CRS REPORTING MORE EFFICIENT
Find out about the latest feature sets in Alphacat
Alphacat simplifies the entire reporting process from data import, data validation and review to reporting and fully automated production of XML reports for submission and further reports for analysis.
DATA IMPORT
Alphacat supports a range of data import options. A standard Excel template is provided with the engine. This template clearly describes the data required for FATCA and CRS reporting and the expected format of the data, helping you source the correct data and get the report right first time. Alphacat supports multiple data feeds from different sources as well as manual data entry.
VALIDATION & ANALYSIS
- Validation – Alphacat performs thousands of separate validation checks on the data uploaded to ensure that it conforms to the requirements of the relevant submission schema and receiving tax jurisdiction. Any exceptions are highlighted, with direct access to then edit the individual items affected.
- Analysis – Visualisations and reports on the content of your submissions, including analysis of the number of reportable accounts and reportable account details, are available to give you comfort that your data is correct and complete before creating the XML for submission. Reports are exportable as Excel files and in other formats.
REPORTING
- Multiple jurisdiction reporting – Alphacat produces the required XML files for reporting under FATCA and CRS across multiple jurisdictions. Contact us to find out more.
- Review – Human-readable copies of the data included in the XML are automatically generated by Alphacat, making it significantly easier to review and approve the content of a report prior to submitting it.
- Approval – Audit trails are kept through the life cycle of the creation of a submission, including capturing user approval of the content for submission. For added comfort, the ability to approve a report can be restricted to specific users.
ALPHACAT IN ACTION
See how Alphacat can automate and simplify your international reporting obligations.
THE IMPACT OF THE PANDEMIC
Find out how FATCA/CRS reporting was affected by the COVID-19 crisis
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