The tax function is under constant pressure to deliver more with less. Internal cost pressures and the demand for greater business insights against the backdrop of meeting increasing tax compliance demands in shorter time frames is resulting in the need for tax functions to chart a course of continuous improvement making the most of the latest technology developments.
With the focus global tax authorities are placing on clients to manage tax risk it’s essential to deliver efficiencies while ensuring the overall control environment is effective. Our approach to this issue is to look holistically at the building blocks that make up a tax function and develop a change roadmap that brings together these components in a coherent manner.
Our capabilities to assist clients deliver efficient and effective services span from assessing the maturity of the tax function through to developing and executing large scale transformation projects including consideration of:
The potential benefits will not only reduce above and below the line costs, but will improve company-wide risk management and tax governance, resource management, recruitment processes and many other areas. Through continuous transformation, the tax function will be viewed as not only as a critical and efficient compliance function, but also as an even more valuable strategic organisational asset.
How should success be measured? We will explore established, as well as new, innovative key performance indicators (KPIs) that organisations can use to evaluate how well the Tax function is performing in today’s environment.