Once you know the answer as to 'why' you would choose to embrace technological change in your in-house tax function, you then need to consider 'what' you will do. To help answer this question, we have returned to our four 'buckets' or categories of tax technology solutions, and our aim here is to provide you with insights into some of the tax technology solutions that are available, and aspects we see as being 'core' to your business needs, or 'optional' depending on your specific organizational risks, efficiencies or business activities.
Category one : Automating the tax compliance process
Category two : Solutions that provide greater insights
Category three : Process management solutions
Category four : Accessories, components and infrastructure
The combination of these is what creates a common platform on which various solutions (or apps) can then run. With a common platform a lot of benefits can be realized:
To learn more about each one of these categories and the tax technology solutions that are available, read the full report: Transforming the tax function through technology