Tax provision software solutions
Simplify your income tax provision process with automation built for enterprise finance and tax teams
Automate tax provision processes
We know enterprises optimize for speed and accuracy in tax provision workflows. Lucasys Tax Provision Software automates ASC 740 and 980 compliance with intuitive workflows, real-time data validation, and native integrations with SAP and Oracle.
You get consistent, audit-ready results in a fraction of the time without the complexity of legacy systems, simplifying review and reducing close time.
Features & benefits for faster, more accurate tax accruals
Automated deferred tax calculations
Instantly calculate deferred tax assets and liabilities across entities, schedules, and jurisdictions.
Real-time data accuracy
and reporting
Stay audit-ready with live variance analysis and continuous data validation.
ASC 740 and 980
regulatory support
Maintain compliance with rate-regulated reporting standards critical for utilities and energy companies.
Secure cloud architecture
& audit trail
Protect sensitive financial data with SOC-ready controls, encryption, and transparent audit logs.
Lucasys AI
Lucasys AI is an embedded, interactive, agentic AI that empowers tax professionals to make faster, smarter decisions.
Think of your AI agents as 3 teammates with unique expertise:
Agent #1: an industry and tax expert
Agent #2: a software and support guide
Agent #3: an intelligent data analyst
Lucasys AI bridges the gap between information and action, allowing teams to find answers, analyze data, and automate workflows in seconds, all within a secure and compliant environment.
Companies that trust Lucasys
Why enterprises choose Lucasys for tax provision software
Built by tax and utility industry experts, Lucasys Tax Provision combines deep regulatory insight with modern automation. Our secure, scalable platform helps large enterprises simplify ASC 740 reporting, improve accuracy, and accelerate close cycles.