The pressure to move to SAP S/4HANA and transform ERP are pushing most companies to not just rethink their technical architecture and environments but are also forcing whole-sale redesigns of business processes. Years and in some cases decades of maintaining complex, highly customized, legacy systems have limited organizational and business agility. But that is changing rapidly, and tax teams need to be part of these larger business transformation initiatives.
Many companies are not just focused on IT and Infrastructure transformation but impacting the business processes that this foundation supports. This report examines how tax teams can capitalize on this investment and focus on ensuring that their processes also are improved to meeting the current business and regulatory demands that they face.
From September to December of 2024, SAPinsider surveyed 195 tax and finance professionals and the technology teams that support them. This is the second year we have performed this study, and we observed some interesting comparisons in our analysis of the results.
The pressure to move to SAP S/4HANA and transform ERP are pushing most companies to not just rethink their technical architecture and environments but are also forcing whole-sale redesigns of business processes. Years and in some cases decades of maintaining complex, highly customized, legacy systems have limited organizational and business agility. But that is changing rapidly, and tax teams need to be part of these larger business transformation initiatives.
Download here to access the full benchmark report with industry peers’ insights, strategies, and best practices.
- Learn about critical drivers influencing tax technology innovation priorities, including reducing tax risks and adapting to regulatory complexities.
- Understand the importance of integrating tax strategy with enterprise transformation to enhance tax technology innovation and automation strategies.
- Gain insight into utilizing SAP S/4HANA Cloud and other SAP applications for efficient tax management and compliance.
- Discover strategies for automating and ensuring compliance in tax reporting, highlighting the importance of investment in tax technology solutions.
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