From Tax Credits to Data Analytics and Data Consolidation
Founded in 1999, our company has deep roots in tax and regulatory affairs stemming from decades of experience at international law firms and “Big 4” accounting firms. Our initial focus was on the use of workforce data to generate tax credits and incentives for clients.
In 2008, the tax credit program took a significant step forward when we developed TaxAdvantagesm in partnership with Intuit for Intuit Employment Management Service’s 1.4 million customers. TaxAdvantagesm, with its web portal, call-center, and professional support, provides the industry’s most effective federal Work Opportunity Tax Credit service, making our WOTC program one of the best in the nation.
With the success of TaxAdvantagesm, we began exploring additional ways to effectively apply technology to the use of workforce data. As we came into contact with various HR information systems used by our clients, we saw opportunities to create a better way to capture and consolidate workforce data to have broader business and regulatory applications.
This began our deep dive into using data and analytics to serve our clients.
The Journey to a Single Source of Truth Begins with Clean Data
Our solutions are always focused on driving successful business outcomes. We create order and simplicity out of the chaos of today’s volatile and complex business world by transforming dirty data into actionable intelligence that can be readily implemented to benefit an organization’s performance. Our process validates the accuracy of the underlying data used to make business decisions and drive regulatory compliance.
Through the execution of proprietary systems with professional oversight, we are committed to expanding the field of data consolidation and RegTech services to the benefit of our clients. Data - The Raw Inputs Matter At First Capitol, we understand the importance of data integrity and the challenges organizations face to ensure that their business data flows towards a Single Source of Truth.
We know all analytic outputs are only as good as the quality of the raw data inputs. By combining technology with human expertise, we have developed a data consolidation process that pulls information from disjointed data silos in a way that ensures the quality and accuracy of the data used to deliver our RegTech services to the benefit of our clients.