– Case Study –
Monitoring and Summarizing International Tax Developments
Empowering a Legal Information Provider to Deliver Comprehensive and Timely International Tax Summaries
Challenge
A legal information provider required an end-to-end process to efficiently monitor, acquire, filter, and analyze news and materials from 862 government websites daily. The aim was to provide brief summaries of international tax developments in four key areas: tax legislative progress, tax rate changes, tax treaty developments, and administrative actions. The process involved filtering relevant tax-related content, writing summaries in English (with translation for non-English content), adhering to the customer’s format and style rules, and converting summaries into SGML format.
Automated International tax regulation Monitoring
Results
SOLUTION
Innodata’s editorial team comprises experienced lawyers and law graduates with exceptional skills in legal research, analysis, and writing. This team was supported by in-house foreign language experts who translated content from various languages, including Spanish, French, Portuguese, and German, into English before the summary writing stage.
To ensure the delivery of up-to-date, well-written, and well-researched international tax summaries, Innodata collaborated closely with the customer to streamline specifications and requirements. The editorial team followed the customer’s format and style rules, and the translated content was expertly summarized. Innodata deployed a proprietary web crawler to monitor 862 government websites daily, extracting relevant tax-related information from these sites. The team used a procurement tool to filter and manage relevant data for processing, allocate tasks, monitor job statuses, identify duplicates, and generate reports. They also utilized a production suite classification tool to retrieve allocated data, analyze and classify the information, compose the summaries, and generate SGML output.
IMPACT
Innodata’s solution successfully addressed the client’s challenges, empowering them to deliver comprehensive and timely international tax summaries to tax practitioners. The collaboration with experienced professionals, streamlined processes, and cutting-edge technology ensured accurate, up-to-date, and competitive content offerings, solidifying the customer’s position as a leading provider in the industry.
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