July 11, 2014. Pembroke, MA – Revenue Solutions, Inc. (RSI), a company that specializes in providing revenue and compliance management products and services specifically to Federal, State and Municipal government revenue, labor and child support agencies, is pleased to announce that the Rhode Island Division of Taxation successfully implemented its Integrated Tax System (ITS) with RSI’s Revenue Premier®.
The Division of Taxation wanted a proven commercial-off-the-shelf (COTS) ITS to establish a system to support all aspects of its tax administration – including front-end imaging and data capture capabilities – and the consulting services to assist with the installation and implementation of the system.
Designed specifically for the Tax and Revenue industry, RSI’s Revenue Premier provided Rhode Island a COTS ITS software package that supports taxpayer registration, return/payment processing, taxpayer accounting, revenue accounting, collections, audit, tax data warehousing, decision analytics, business intelligence, case/workflow management, correspondence management and system administration.
Release 1 was implemented on-time and on-budget, and includes the successful conversion of 47 Corporate and Excise tax types; channel management and deposit from several sources; tax processing of 36 different forms; taxpayer accounting; outbound correspondence; case management; reporting functionality; and revenue accounting. Additionally, Release 1 includes the configuration and setup of new imaging and data capture hardware and software. Since going live, the system has processed thousands of documents, and deposited and reconciled more than $250M.
“We’re delighted to announce that we are now live with our new integrated tax system,” said Rhode Island Tax Administrator David M. Sullivan. “RSI several years ago provided us with our data warehouse, and it has generated millions of dollars in revenue for the State of Rhode Island, quickly covering its original cost,” Mr. Sullivan said. “On July 11th, 2014 we took the next step of rolling out the integrated tax processing functionality within RSI’s Revenue Premier® product, bringing online 36 tax types. I am proud to say that the joint RSI and Rhode Island project team flawlessly delivered the first release within the planned 14 months schedule and the system is working great.” Mr. Sullivan expects that the Revenue Premier software – chosen in a competitive bidding process – will enable the Rhode Island Division of Taxation to operate more effectively and efficiently, generate additional revenue for the State of Rhode Island, and create exciting new web portal self-service capabilities for practitioners, taxpayers, and other stakeholders.
An article about the successful system go-live can be found on the recently released RI Tax News Letter.
Incorporated in 1996, RSI’s mission is to streamline government operations and improve citizen services through the delivery of transformative technologies. RSI partners with clients on information technology initiatives to improve customer service, increase operational efficiency and maximize compliance. Federal, State and Municipal government agencies rely on RSI’s extensive expertise in business and technical domains. With a dedicated team of full-time business and information systems consultants and a suite of software solutions, RSI is one of the largest organizations of its kind dedicated exclusively to government agencies, including tax and labor.
Revenue Premier®, RSI’s flagship product, provides an integrated, functional and advanced technical solution to support the processing, tax accounting and compliance functions of a revenue agency. Revenue Premier is comprised of four (4) primary modules – Integrated Tax Processor, Collections Manager, Portfolio Warehouse and Audit Manager. Revenue Premier boasts an open technical design and a set of shared services which provide vast flexibility for reusing services, integrating other products and a variety of supporting technical infrastructure options.