As tax authorities continue to evolve the sophistication of audit and enforcement practices to identify non-compliant activities, businesses must find new ways to manage data more efficiently across increasingly global systems and create operational transformation opportunities.
Tax Enabled ERP provides design and implementation support to help businesses integrate indirect tax requirements into their ERP systems to improve control over tax data, manage potential risks, and enhance efficiency of business processes.
The tax benefits ERP systems can provide in business operations, tax data management, and regulatory compliance are often overlooked or underestimated during large-scale business transformation initiatives.
Tax Enabled ERP helps to align the “tax enablers” (people, process, technology, and data) to assist with:
Download the Tax Enabled ERP placemat.