Using advanced analytics to help you unlock transaction data and add value to your business while zeroing in on unrealized opportunities.
Dealing with indirect tax can be quite the complex task. It’s time consuming and can be risky. With the changing landscape, it’s hard to keep up. From our experience, many CFO’s share the same problem, asking themselves, “Have I got this 100 percent right?” Even an error of just 1 percent can cost your business millions. Dealing with indirect tax can be one of the biggest administrative burdens on business. You might be on top of one thing, but you start to think, “Am I paying too much indirect tax? Are my transactions accurately recorded? Have I factored in the resources I’ll need? Am I up to date with legislation? How can I meet all the requirements in the countries we operate in?” Ultimately, the question is, “how can I do this better?” Letting KPMG manage your indirect tax compliance can reduce costs, minimize risk and give comfort. And our approach using advanced analytics can help you unlock transaction data to add value to your business while zeroing in on unrealized opportunities. By mining transaction data, you’ll gain deeper insights into your business. You could uncover unexpected advantages: from optimizing the supply chain, gaining competitive advantage, to improving customer relationships. Turn transaction data into value for your business.