Businesses are generating increasing volumes of transactional and financial data, but is this data fit for the purposes of the modern tax department? Does it allow them to proactively manage tax, risk and compliance, and how do they unlock the value that may be hidden in the data?
In the drive for cost reduction and increased efficiency, the value needs to be delivered with less resources. To transform this data into knowledge and insight, the tax department needs solutions that can deliver informed decision making for their global operations. This is why KPMG developed Tax Intelligence Solution (TIS), an integrated suite of indirect tax technology analytical tools, methodologies and insights.