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Transforming together: The importance of building a strategic partnership between IT and indirect tax

ThomsonReuters

finance, tax, e-commerce, sales, marketing, human resources—are integrated and run. For IT teams, the benefits of automating indirect tax compliance include reducing manual workloads, integrating seamlessly with existing systems, and enhancing data security.

Tax
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What is an ERP system and why does it matter for your business?

ThomsonReuters

Highlights: An ERP system consolidates business functions such as accounting, procurement, inventory, and HR. An ERP system integrates various business functions, including finance, supply chain management, human resources, and procurement. SAP and Oracle are examples of ERP solutions. Are ERP systems hard to integrate?

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Embracing the data revolution: How tax departments can get organized with data management

ThomsonReuters

Regulators and tax authorities expect tax calculations and submissions to be digital and seamless, businesses require transparency and insight into how their tax position could affect operations at all times, and tax professionals want to work smarter.

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Introducing Thomson Reuters ONESOURCE: The world’s most powerful and reliable tax management solution

ThomsonReuters

Thomson Reuters ONESOURCE is a state-of-the-art tax platform that provides everything corporate tax departments and IT personnel need to manage indirect and direct tax calculations, reporting, and compliance. Not only does ONESOURCE tax software use API interfaces to integrate easily with most major ERP systems (e.g.,

Tax
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Should you consider an automated indirect tax system? 9 key questions to ask

ThomsonReuters

The earlier tax is involved in the discussion the better, however, because buy-in from the top is key. And even if the project gets approved, cross-departmental discussions and support – from accounts payable, procurement, finance, IT, etc. – Thomson Reuters: Are there risks with having multiple billing or purchase systems?

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Introducing Thomson Reuters ONESOURCE: The industry’s most trusted cloud-native tax management solution

ThomsonReuters

Thomson Reuters ONESOURCE is a state-of-the-art tax platform that provides everything corporate tax departments and IT personnel need to manage indirect and direct tax calculations, reporting, and compliance. Not only does ONESOURCE tax software use API interfaces to integrate easily with most major ERP systems (e.g.,

Tax
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The tortured journey of data: How tax technology speeds up tax compliance, provision, and reporting

ThomsonReuters

Data is king in today’s fast-paced world of finance and tax. Yet, for many companies, the journey of data from disparate sources to financial close, tax returns, and reporting can be torturous. Fortunately, tax departments are not powerless. accounting software, payroll, etc.) based CFO Consultants, in a blog post.