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 Zytax Archiving offloads historical tax processing data for improved production system performance. Tax groups gain greater control over the data that is available and the speed in which they can access it. Data is archived complying with data retention requirements and is readily available for query or amendment processing purposes.
Zytax Archiving manages the large amounts of data generated when processing taxes. Zytax gives users the ability to set their archiving standards and enhance system performance by moving historical data to storage. Users can view, report, purge, and restore archived data with dynamic regeneration of table structures.
Key Features:
- Encrypts and compresses archived files
- Restores data using data restoration utility
- Creates reports of archived data via query wizard
- User-controlled archiving rules
- Three levels of security:
- View and query
- View, query, and archive
- View, query, archive, and purge
With Zytax Archiving, users can:
- Improve production system performance
- Eliminate dependency on IT resource availability
- Improve security, controls, and retention compliance
- Facilitate the auditing process
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Retail
Convenience stores, grocery stores, service stations, and big box retailers are finding fuel a tough business to achieve and maintain healthy margins. It's so difficult that many convenience stores, for instance, where fuel comprises roughly 70% of its total revenue, focus primarily on in-store profit centers abandoning fuel as a profit driver for the business.
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Distribution
Jobbers and carriers strive to provide superior service to their retail customers and minimize costs for improved margin. Manual processes can increase costs unnecessarily and impact supplier and retailer relationships. .
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Trading
Energy trades have tax implications. Each jurisdiction is unique in the application, complexity, and financial impact of those taxes. Unfortunately, many trades simply miss the appropriate tax liability.
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Midstream
Refiners, traders, terminals, and other midstream participants face unique challenges in energy taxes. Regulations vary by jurisdiction and change frequently. Midstream taxes, if calculated incorrectly, can result in fines, fees, and penalties
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Government
Collecting energy-related or indirect taxes is notoriously complex and time consuming. Many agencies rely on manual processes, which hampers throughput, delays revenue collection, and hinders audit support.
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Download Product Data Sheet
FuelQuest Zytax Archiving provides clients with a method of offloading historical data from the production system to facilitate rapid responses to auditor requests.
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