Automator can integrate, transform, extract, and load data from third-party tax compliance systems and general ledger applications. It is able to centralize financial control and automate complex accounting processes, such as fixed asset repair regulations or technical termination workflows.
The software also imports data and reports from other systems to handle apportionment factors for state tax calculations. Automator leverages Robotic Process Automation to define and creator workflows.
“It combines a wide array of processes, data, and disparate systems to drive business results,” Ken Crutchfield, VP and GM of Bloomberg Tax Technology, said in a prepared statement.
Automator integrates with other Advantage applications, included Fixed Assets and State Tax Analyzer applications, as well as Bloomberg’s hosted spreadsheet and document management workflow tools. The company plans to release a Leased Assets package this year which will also integrate with Automator.