Product Mapping Accelerator
Automatically Map Each Item to the Correct Tax
Automatically Map Each Item to the Correct Tax
To work effectively, your tax engine needs to know how your business systems describe the different products and services you make, buy and sell. Typically, this is known as Product Mapping – making a direct connection between a product or material group as described in your business systems and the tax content in your engine.
Product mapping tends to be a very manual and labor-intensive process. It can be expensive and error prone.
We have developed a powerful, automated module within Modios to accelerate product mapping where AI, machine learning and large language models come together to deliver great results.
Introducing Product Mapping Accelerator.
FAST, ACCURATE MAPPING IN LESS TIME
UNINTRUSIVE, RAPID, LOW-RISK, HIGH-VALUE. MODIOS POWERED.
Product Mapping Accelerator leverages your existing descriptions for the products and services you make, buy and sell as its starting point. Using predictive modeling, large language models, natural language processing, synonym generation, matching algorithms, rapid data processing and more, it automates the identification of possible and probable content matches for your products, services, tax classifications, and material groups.
It presents likely options, with a ranking score, and invites you to accept the system-generated mapping or drill down into alternatives.
It rapidly accelerates what was previously a very manual process.
It gets you better tax decisions in less time. It learns as you go. It reduces risk. It saves you money.
Available anytime. Anywhere.
Works with most major tax engines and implementations.
Powered by AI, Machine Learning and Large Language Models
Adapts to fit a wide variety of business cases and environments.
Grows to meet the needs of your business.
Small learning curve. Fast ramp-up. Seamless integration.