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BearingPoint has been selected by the Costa Rican Ministry of Finance to develop and implement a new tax system for the country.
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| Consulting-Times E-zine
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The contract is valued at $20 million over two years.
BearingPoint wins contract to modernize Costa Rican tax system
Costa Rica will use an SAP solution specialized for the Public Sector for its new tax system, which will be able to interoperate with the country's legacy system, and will also be one of the first such systems to combine both customer relationship management (CRM) and financial management functionalities.
The new system is anticipated to allow the Ministry of Finance to improve revenue flow through more efficient collection of taxes, help reduce the amount of tax fraud and allow Costa Rican citizens to access their tax records electronically.
BearingPoint's Emerging Markets practice, which will carry out the project, is active in approximately 50 nations worldwide, providing management, economic and technology consulting services to developed and developing economies.
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