global indirect tax xompliance

Transforming Tax Through Advanced AI and Machine Learning

The Case for Tax Technology Transformation: Insights from SAPinsider’s 2024 Study As organizations encounter heightened regulatory complexity and technological advancements, a significant shift towards investing in tax technology is underway, with 63% of companies planning to increase their budgets, driven by the need for efficiency, compliance, and adaptability.

Jan 13, 2025

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3 minute read

Research Webinar: Global Tax Management 2024 SAPinsider delves into the shifting priorities in taxation and technology, emphasizing the significant impact of digital transformation and the adoption of SAP S/4HANA on finance and tax functions. It reveals the key drivers shaping tax priorities and projects, highlighting new solutions tax professionals are investing in. The rapid changes in global tax regulations have made control and governance the primary concern for 43% of businesses, underscoring the challenges of compliance in a complex tax landscape. In 2024, integration and visibility are paramount for tax teams due to the multitude of business applications supported by SAP customers. Budgets for global indirect tax compliance remain stable or are increasing, with 63% of survey respondents affirming this trend. E-filing and tax control frameworks are increasingly being implemented, while investments in personnel and tax localization tools are growing to address the intricacies of local laws and meet global compliance demands through digital strategies.

Jun 30, 2024

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2 minute read

Global Tax Management 2024 – Benchmark Report SAPinsider delves into the shifting priorities in taxation and technology, emphasizing the significant impact of digital transformation and the adoption of SAP S/4HANA on finance and tax functions. It reveals the key drivers shaping tax priorities and projects, highlighting new solutions tax professionals are investing in. The rapid changes in global tax regulations have made control and governance the primary concern for 43% of businesses, underscoring the challenges of compliance in a complex tax landscape. In 2024, integration and visibility are paramount for tax teams due to the multitude of business applications supported by SAP customers. Budgets for global indirect tax compliance remain stable or are increasing, with 63% of survey respondents affirming this trend. E-filing and tax control frameworks are increasingly being implemented, while investments in personnel and tax localization tools are growing to address the intricacies of local laws and meet global compliance demands through digital strategies.

By Grant Suneson

Jun 28, 2024

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1 minute read