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Tax Complexity and Drivers for Transforming Finance

Tax Complexity and Drivers for Transforming Finance

Vertex
Published by: Research Desk Released: Nov 24, 2021

Change has become the only constant for businesses across industries and around the world. Changes in customer behavior are driving increased engagement via digital channels. Changes in supply and demand aredriving businesses to source raw materials and inventory from new suppliers. The economic impact of this has driven governments and regulatory agencies to rapidly change taxregulations and requirements.

The pace and breadth of these changes are pushing the limits of finance teams and tools to keep up. When planning their digital transformation projects, organizations need to include plans to account for the compliance challenges of indirect tax policies.

Currently, there are more than 19,000 separate tax jurisdictions worldwide. In the U.S. alone, there are thousands of separate tax jurisdictions with wide-ranging compliance requirements.

In this e-book, we will explore new tax regulations and requirements and how they are driving organizations to transform their finance teams and processes to comply. Download our e-book today to discover integrated indirect tax solutions for Microsoft Dynamics 365 enables a reliable process for in-house tax professionals.