Stricter regulatory environments and the evolving use of e-audit by tax authorities are leading businesses to seek more visibility and control over their indirect tax profile and compliance processes. Data analytics tools and techniques can help companies to better understand their indirect tax position as well as identify hidden risks and opportunities.
Global business expansion, stricter regulatory environments, evolving use of e-audit by authorities, and budget and headcount constraints are leaving companies with increased risk exposure.
To navigate these challenges, organizations are turning to new, technology-enabled means to help identify hidden risks and opportunities.
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