Specialty tax software provider Red Moon Solutions has introduced a new Software-as-a-Service tool that manages the audit process, data, and documents in addition to tax risk and improving internal controls.

The new AuditRoom module of Red Moon’s eTaxPortal enables tax teams and all others in the audit process to securely access, share and control the process, information and communications around audit cycles.

Content and controls are managed across all levels of stakeholders in the audit lifecycle for all regulatory and taxing jurisdictions, as well as providing for revenue agent access and reporting.

“We want to help our clients spend time on what's important, whether it be spending time further reducing ETR or implementing top notch tax strategies,” said Red Moon managing director Kelley Lear. “These tools harness the power and intelligence of technology to minimize the complexity of tax to let them do just that.

This article first appeared on the Accounting Today web site.

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