ThomsonReuters

OCTOBER 24, 2023

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.

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ThomsonReuters

JULY 25, 2023

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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ThomsonReuters

AUGUST 5, 2022

Forrester also built in an additional 5% risk adjustment to account for potential differences in cost, raising the total estimated implementation cost to $873,600. During the implementation phase, licensing for ONESOURCE Indirect Tax costs nothing, because licensing costs only kick in once the product is up and running.

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ThomsonReuters

DECEMBER 13, 2021

First, something bad happened — for example, a negative audit, penalties — which raised awareness that time was being wasted on correcting errors, or that pressure from tax authorities to digitize had to be taken seriously. Download our free whitepaper to learn how to “ Use automated tax software to safeguard your indirect tax team.”.

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Technology Tax corporation tax audit 52

ThomsonReuters

AUGUST 25, 2021

Not all companies think about indirect tax automation in the same way, and different companies are at different stages in their technological journey. As a result, many of the benefits of tax automation are not being realized, and the full potential of the solution has yet to be unleashed. Tax automation is more than just a trend.

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ThomsonReuters

DECEMBER 31, 0001

In this three-part series, we will explain what e-invoicing/CTC is, how it works, why it is gaining popularity, what technology and compliance challenges e-invoicing presents to corporate tax, finance, and IT teams, and share some best practices for doing business in an e-invoicing/CTC regime.

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