Real-time Tax Compliance Analytics Platform Development

Medium Priority
Data Engineering
Tax Revenue
👁️26093 views
💬1355 quotes
$25k - $75k
Timeline: 12-16 weeks

Develop a cutting-edge real-time analytics platform to streamline tax compliance for SMEs. Leveraging event streaming and data mesh technologies, this platform aims to provide businesses with real-time insights into their tax obligations, ensuring compliance and optimizing tax strategy.

📋Project Details

Our SME company in the Tax & Revenue industry is seeking a Data Engineering expert to develop a real-time tax compliance analytics platform. With the growing complexity of tax regulations and the increasing need for timely compliance, our goal is to provide a solution that offers instantaneous insights and analytics. The platform will utilize Apache Kafka for real-time event streaming, allowing for the seamless processing of tax data as it is generated. Using Spark and Databricks, the data will be transformed and structured for analysis, ensuring accuracy and efficiency. Airflow will be used for orchestrating complex data workflows, while dbt will manage data transformations. Final insights will be stored in a scalable data warehouse such as Snowflake or BigQuery, ensuring accessibility and scalability. The platform will also incorporate data observability features to monitor and ensure data integrity. This project is critical for businesses to maintain compliance, minimize errors, and make informed tax-related decisions. The timeline for this project is 12-16 weeks, with a budget of $25,000 - $75,000.

Requirements

  • Experience with real-time event streaming
  • Proficiency in data mesh architecture
  • Knowledge of data observability tools
  • Familiarity with tax compliance processes
  • Ability to integrate with existing taxation systems

🛠️Skills Required

Apache Kafka
Spark
Databricks
Airflow
Snowflake

📊Business Analysis

🎯Target Audience

Our primary users are small to medium-sized enterprises (SMEs) that need to navigate complex tax regulations and ensure compliance efficiently. These businesses require real-time insights to manage their tax strategies proactively.

⚠️Problem Statement

SMEs face increasing complexity in tax regulations, which can lead to compliance issues and missed opportunities for tax optimization. A lack of real-time insights into their tax status hinders strategic decision-making.

💰Payment Readiness

Businesses are ready to invest in this technology due to regulatory pressures to maintain compliance and the need to optimize tax strategies to stay competitive and reduce financial risks.

🚨Consequences

Failure to address this issue could result in non-compliance penalties, increased audit risks, and missed opportunities for tax savings, ultimately affecting the bottom line and competitive positioning.

🔍Market Alternatives

Current alternatives include manual tracking of tax obligations or using outdated software that does not offer real-time insights, leading to potential errors and inefficiencies.

Unique Selling Proposition

Our platform offers real-time analytics and insights using state-of-the-art technologies like event streaming and data mesh, ensuring timely compliance and strategic tax management that traditional methods cannot offer.

📈Customer Acquisition Strategy

We will engage in targeted digital marketing campaigns, leveraging our network of industry partners, tax consultants, and regulatory agencies to promote the platform. Additionally, we will offer webinars and demos to showcase the platform's capabilities and ROI.

Project Stats

Posted:July 21, 2025
Budget:$25,000 - $75,000
Timeline:12-16 weeks
Priority:Medium Priority
👁️Views:26093
💬Quotes:1355

Interested in this project?