Oracle Releases Tax Analytics App; Mark Johnson Comments

Mark Johnson

Oracle has released an application that integrates and stores transaction data from multiple sources including the Census Bureau and Department of Motor Vehicles, according to a CBR article. 

Built for public sector agencies, Oracle’s tax analytics 2.0 can also predict taxpayer behavior and motivations through the historical data.

The app will allow agencies to “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, Oracle public sector senior vice president.

According to the article, the app improves tax collections, helps define key performance indicators like total amount of tax or outstanding debt collected and revises objectives based on results.

Johnson added that public sector agencies today face 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.

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