ThomsonReuters

DECEMBER 13, 2021

Second, existing systems couldn’t handle the company’s rapid business growth, so the decision was made to upgrade the tax system along with the entire finance function. How to successfully make the business case for an indirect tax tech investment. So when is the right time to invest in indirect tax automation ?

Technology 52

Technology Tax corporation tax audit 52

ThomsonReuters

JULY 5, 2023

Foreign Trade Zones (FTZs) can help businesses of all kinds reduce or manage inventory, and compete more effectively in the international marketplace. Find out about best practices and how to set up an FTZ in a Thomson Reuters webinar What are the benefits of a Foreign Trade Zone? states and provide numerous advantages for businesses.

Start-ups 88

Start-ups Manufacturing Education Tax 88

ThomsonReuters

AUGUST 5, 2022

When making the business case for investing in automated indirect tax technology (IDT) and technology implementation, what the company stands to gain in terms of efficiencies and return on investment (ROI) are certainly important key factors, but the discussion must eventually come around to cost. What recurring costs (e.g., Licensing costs.

Technology 52

Technology Tax E-commerce accounting and finance 52

ThomsonReuters

NOVEMBER 23, 2022

Other business-related reasons can also play a role, such as: A management push for greater efficiency and higher profit margins. Relying solely on an ERP system for tax is no longer sustainable. Where does one start? And what does the decision-making process look like? Do you need tax technology? Unacceptably high error rates.

Technology 59

Technology Tax corporation tax audit 59

ThomsonReuters

AUGUST 24, 2021

To build a persuasive business case for sales tax software , professionals need to explain how automating certain tax functions and improving reporting and analysis will benefit the company as a whole. In other words, don’t tell your CEO why tax software is a wise investment – show them.

Technology 52

Technology Sales Tax audit 52

ThomsonReuters

NOVEMBER 10, 2020

By moving to a more established and automated method, multinational organizations benefit from a streamlined and connected process that syncs with their ERP system, their 1120 XML, tax return, and tax provision software. The synergy between systems allows more time to review and optimize calculations. FTC calculations.

Tax 52

Tax income tax Technology tax return 52

ThomsonReuters

NOVEMBER 23, 2023

Global supply chains are getting more difficult to manage by the day, making it all the more important for businesses to use every advantage they can get. During the webinar, panelists shared strategies for leveraging zone-to-zone rules to help businesses reduce costs in their supply chains.

Tax 105

Tax Government audit Retail 105

MineralTree

MARCH 16, 2023

Despite the fact that organizations around the globe are gearing up for digital transformation , many AP teams still heavily depend upon costly and antiquated systems such as paper invoices and checks. For example, many businesses incorporate AP automation , e-invoicing, and other digital tools to quickly gain an edge over their competitors.

AP Automation 88

AP Automation accounts payable Technology Accounts Payable Automation 88

inDinero Accounting

JANUARY 9, 2023

Accountants’ specialized knowledge can support your startup business in many ways. When it comes to number of employees, sales, and market share, startups look an awful lot like small businesses. Table of Contents What Makes Accounting Services for Startups Different? Why Is Accounting Important for Startups? Why do you care?

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inDinero Accounting

JANUARY 9, 2023

If your startup is relying on the person who’s best at numbers for your accounting, you can be setting yourself up for failure like: Misinterpreting cash flows. Holding back your growth. Accountants’ specialized knowledge can support your startup business in many ways. Table of Contents. Why do you care?

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Account accountant accounted accrual accounting 52

MineralTree

FEBRUARY 22, 2024

Small and mid-sized businesses (SMBs) are the bedrock of the global economy — responsible for the majority of jobs, products, and services worldwide. This blog takes a deeper dive into how your business can benefit from integrating your AP automation with Sage Intacct.

AP Automation 52

AP Automation Oklahoma Technology accounting and finance 52

MineralTree

JUNE 15, 2023

As a business grows and expands, its financial management needs often grow increasingly complex. Enterprise resource planning (ERP) systems like NetSuite can help organizations manage these obligations, while also facilitating collaboration. As an ERP tool, Netsuite’s goal is to support the entire business.

NetSuite 75

NetSuite NetSuite Integration AP Automation AP Processes 75

ThomsonReuters

AUGUST 25, 2021

Regardless of the level of tax automation a company plans to adopt, there are always questions about how far and how fast an organization should go when incorporating tax automation, what the organizational implications will be, and how an investment in tax engine software will ultimately benefit the bottom line.

Technology 52

Technology Tax corporation tax E-commerce 52

Acterys

MAY 13, 2022

In this blog, we address the potential for efficiencies and cost savings through platform unification in organically grown, often very disparate approaches that we see at customers. So, the users on the business side (finance, marketing, operations, etc.) with varying, often very high price tags ( more details in this blog ).

Technology 130

Technology Maine Finance 130

inDinero Accounting

DECEMBER 22, 2021

Keeping your finger on the pulse of your company’s finances is crucial to making informed spending decisions. Keeping records is also crucial to protecting your business – especially since the IRS is planning to increase business audits by 50%. Credit: Austin Distel. What is Enterprise Accounting Software?

accounting software 52

accounting software NetSuite Account accountant 52

ThomsonReuters

SEPTEMBER 22, 2021

In addition to filing returns for the federal government, as well as every state and locality in which it does business, a corporation may also be required to report sales and use taxes and much more. Here’s a look at the definition of a tax data warehouse and the benefits it may provide for corporate tax departments.

income tax 52

income tax Tax corporation tax tax planning 52

ThomsonReuters

MARCH 19, 2024

And even if a company decides to pay an assessment and get on with business, it must decide whether to fix the issue that led to the audit in the first place, or agree to disagree and fight the issue again in the next audit. Jump to: When should you contest an audit? How should you prepare for an audit defense? Neither decision is simple.

audit 52

audit Sales Tax auditor 52

inDinero Accounting

DECEMBER 22, 2021

Credit: Austin Distel Keeping your finger on the pulse of your company’s finances is crucial to making informed spending decisions. Keeping records is also crucial to protecting your business – especially since the IRS is planning to increase business audits by 50%. What is Enterprise Accounting Software?

accounting software 52

accounting software NetSuite Account accountant 52

ThomsonReuters

DECEMBER 31, 0001

As part of the transition to an all-digital economy, tax authorities around the world are implementing various forms of e-invoicing and/or continuous transaction controls (CTCs) to gain more control over—and insight into—business transactions, both within their borders and cross-border.

Technology 52

Technology Government Tax corporation tax 52

DuctTapeMarketing

AUGUST 4, 2016

Marketing Training for your team. Local Marketing System. Consulting Business. Small Business Finances. Killer Apps That Will Help You Take Your Office Wherever You Are. Killer Apps That Will Help You Take Your Office Wherever You Are. What helps you to put your office in your pocket?

accounting and finance 100

accounting and finance Technology Finance NetSuite 100

ThomsonReuters

MARCH 18, 2021

Do you have confidence in your data? A workflow engine can give you a methodology for owning and managing your tax data so that its value and validity increase as it travels across the tax lifecycle. Source data is typically stored in multiple enterprise resource planning (ERP) systems — and some of that data may be missing.

Tax 98

Tax Technology corporation tax tax planning 98

ThomsonReuters

MARCH 2, 2021

Business leaders are looking for opportunities in disruptions as they prepare their companies for the future, and tax technology should be a part of their plans. With the right tax data software, your tax department can save money by automating and standardizing processes across the organization and enhancing accuracy and timeliness.

Tax 52

Tax corporation tax Technology audit 52

ThomsonReuters

FEBRUARY 24, 2021

Do you have a kinetic approach to your tax data? A workflow engine can give you a methodology for owning and managing your tax data so that you can mine the value in that data. Source data is typically stored in multiple enterprise resource planning (ERP) systems — and some of that data may be missing.

Tax 52

Tax Technology corporation tax tax planning 52