State of Maryland Selects Accenture to Implement New Tax System
New system is designed to increase revenue collections and improve customer service
ANNAPOLIS, Md; Dec. 10, 2008 – The Maryland Board of Public Works has awarded Accenture (NYSE: ACN) an $87 million contract to deploy a new integrated tax system for the state.
The new system is expected to significantly increase the state’s collection of tax revenues through enhanced discovery, audit and compliance programs and improved billing; streamline current processing for improved service to taxpayers; provide more efficient processing of refunds; and provide more taxpayer self-service capabilities via the Internet.
Following a competitive procurement process, the contract award was unanimously approved by Governor Martin O’Malley, Treasurer Nancy Kopp, and Comptroller Peter Franchot at a meeting of the Maryland Board of Public Works.
Under the contract and the Comptroller’s guidance, Accenture will implement the Accenture Enterprise Revenue Solution (AERS), which includes enhanced tax administration processing, receivables management, analytics, and data warehouse capabilities. The solution utilizes commercial off-the-shelf software from SAP and Teradata.
“This program for a new tax system is designed create a positive return for the state within three years,” said David Moskovitz, managing director of Accenture’s U.S. state and local [Public Service] practice. “Accenture has helped many states apply innovative tax-compliance technology to improve efficiency and ease taxpayer compliance burdens, and we are excited to team with Maryland on this important project.”
Drawing on its global systems integration expertise, Accenture will lead a team that includes SAP; Teradata, the data warehouse provider; and four Maryland-based minority business enterprises.
About Accenture Accenture is a global management consulting, technology services and outsourcing company. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. With more than 186,000 people serving clients in over 120 countries, the company generated net revenues of US$23.39 billion for the fiscal year ended Aug. 31, 2008. Its home page is www.accenture.com.
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