Have robust and accurate data for the business and tax administrations
Although data is not a new issue for Tax it’s fast turning into one of the major enablers for future state Tax functions. Tax authorities continue to move ever closer to real time data extraction and e-auditing with new legal requirements coming thick and fast. There has never been a greater need for tax departments to be data literate.
Tax functions can be timid in their demands of data and many are experiencing an increasing workload as a disproportionate amount of time is being spent on improving base data, rather than value add activities. Couple that with an increasing need to drive efficiency and cost reduction and it’s no wonder data has found its way onto the list of the top five priorities of the largest organisations.
We can help you improve the speed and quality of the data your Tax function receives.
Proactive tax data management
Data is a key input to technology, and unfortunately the lack of data quality can often delay tax technology solutions.
We can help you to understand what we could see in the coming years and the potential impact this could have on you. For access to our in-depth insights on this topic, sign up to The Suite.
