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

ThomsonReuters

A company’s decision to introduce indirect tax (IDT) automation into its tax processes is often fraught with indecision and uncertainty. Every company’s tax technology journey is different, and it’s not always clear when and how tax automation should be incorporated or what the benefits will be.

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How to overcome the most common challenges of tax engine implementation

ThomsonReuters

Though an automated tax engine will ultimately improve a company’s overall operations, a successful implementation process does place certain demands on a company’s personnel, some of which can be challenging if not addressed properly. Choice of software is imperative, however.

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5 steps to win a business case for an indirect tax technology solution

ThomsonReuters

For indirect tax teams, the question of whether and when to invest in more tax technology often looms large, depending on the size of the organization and the immediate challenges facing the department. So when is the right time to invest in indirect tax automation ? Get ahead of indirect tax problems.

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Indirect tax professionals foresee challenges in digitized tax filing and real-time remittance, survey finds

ThomsonReuters

Indirect tax specialists in North America and Europe expect to see more digitized tax filing and real-time remittance requirements in the next two years — and they lack the technology and operational processes to meet these demands. That’s a key finding from the 2021 State of the Corporate Tax Department report from Thomson Reuters.

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How to work virtually with bookkeeping clients

5 Minute Bookkeeping

Many businesses are switching to virtual offices, which opens up new challenges and exciting opportunities for accountants and bookkeepers. The challenges of working with clients virtually. The first thing we need to do is know exactly what our challenges are when it comes to working with clients virtually. Sales and marketing.

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The Two Pizza Rule and the Value of IT Automation for Tax and Accounting

ThomsonReuters

If an advertising team needed some data on shoe sales to decide how best to spend their resources, they could not email analytics and ask for it; they needed to go to the analytics dashboard themselves and get it. Remote work, along with the tools used to connect teams and apps, is on everyone’s mind these days. The Value of Automation.

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Can FinTech Walk The FinTalk?

PYMNTS

In this world, the only things certain are death and taxes. An alien landing on Earth and reading the popular tech press would be thoroughly convinced that blockchain is the biggest thing to have happened here since the invention of indoor plumbing. A penny saved is a penny earned. Honesty is the best policy. Benjamin Franklin. .