Remove audit Remove corporation tax Remove white paper
article thumbnail

Revolutionizing tax compliance: The power of embedded solutions in ERP systems

ThomsonReuters

We will dive into the key benefits of embedded tax solutions and offer insights for corporate tax professionals looking to use comprehensive tools to achieve exceptional compliance and operational excellence. Highlights: Tax management in large organizations is complex and needs precision.

Tax 52
article thumbnail

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. What is Thomson Reuters ONESOURCE? Flexibility is another hallmark of ONESOURCE.

Tax 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Challenges and solutions for CTO indirect tax priorities

ThomsonReuters

ONESOURCE uses data mining and next generation risk assessment (NGRA) tools to create a digital audit trail and enable comprehensive risk management, reducing the risk of audits and penalties. Learn more by reading our white paper, 10 reasons why ONESOURCE should be in your indirect tax tech stack.

article thumbnail

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

ThomsonReuters

Thomson Reuters: Can indirect tax automation help businesses that have paid significant amounts under audit recently or on a recurring basis, or are consistently filing refund claims? Wing: Again, one of the advantages of automating IDT processes is more accurate and efficient tax operations overall.

article thumbnail

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. How can ONESOURCE future-proof our tax operations? What is Thomson Reuters ONESOURCE?

Tax 52
article thumbnail

New report highlights key indirect tax challenges regarding compliance, technology, and e-commerce

ThomsonReuters

Corporate tax teams responsible for collecting, managing, and paying indirect taxes face numerous challenges in today’s fractious tax landscape. Often, this managerial insecurity stems from a lack of confidence in the quality of the data available to indirect tax teams. White paper: The Future of Tax Departments.

article thumbnail

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

ThomsonReuters

According to the “2023 State of the Corporate Tax Department” report by Thomson Reuters Institute, it is unsurprising that the primary objectives of corporate tax departments for the upcoming year, as indicated by 70% of respondents, revolve around enhancing operational efficiency. The time to act is now.