The increasing pace of changes in global regulatory requirements, organizational pressures, and emerging technology innovations are all reshaping traditional roles in the tax profession. Tax departments can no longer keep pace by hiring more people with the same skills profile. The tax teams that will thrive will be augmented by automation, steeped in digital skills, will explore new workforce models and will be more closely connected to the business. How will individuals, tax departments, and organizational leaders turn the change and uncertainty they face today into growth and potential opportunity for tomorrow?
They will successfully harness the Power of With.
When the Power of With is harnessed, the work performed by automation technologies like robotic process automation and artificial intelligence will not push tax professionals out, but instead complement their judgement, intuition, and communication-based work.
For this to happen effectively, tax departments and teams need to foster an environment that encourages agility and creativity, and the professionals themselves need to make sure they have the skills they’ll need to lead the tax transformation.
It’s time to leverage valuable new technologies and cultivate critical new capabilities for the digital future.
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