Case Study
Urban Outfitters Preps Journal Entry 66% Faster And Reduces Staff Effort By 50% With Technology Help From GTM
Urban Outfitters Preps Journal Entry 66% Faster And Reduces Staff Effort By 50% With Technology Help From GTM
GTMTAX.COM © 2015 GLOBAL TAX MANAGEMENT, INC. URBAN OUTFITTERS IS A REGISTERED TRADEMARK OF URBAN OUTFITTERS, INC. INDUSTRY: Retail COMPANY: Urban Outfitters (“Urban”) is a multinational clothing company with operations in the United States, Canada and Europe. Brands include Urban Outfitters, Anthropologie, Free People, Terrain and BHLDN. SERVICES PROVIDED: Urban Outfitters engaged Global Tax Management (GTM) to assist with technology automation. Specifically, Urban requested assistance with upgrading their existing provision software to automate the production of the tax journal entry – a process that can be time- and resource-intensive. CHALLENGE: Time and accuracy are essential to the tax provision process, which is why Urban continuously makes efforts to improve the accu