Webinar: Global Tax Management 2023 – Benchmark Report
Wednesday, October 04, 2023 at 11:00 AM ET
Meet the Speakers
Key Takeaways
⇨ Explore the profound implications of global tax regulation changes on multinational corporations and the methods they employ to adapt.
⇨ Gain insight into how organizations harness digital technologies such as SAP S/4HANA and cloud-based tax management systems to navigate the intricacies of the tax landscape.
⇨ Assess your company's performance relative to industry standards and identify best practices in areas like automation, shared services, and resource allocation for regulatory changes.
Last year’s research on global tax management confirmed the importance of digital transformation in finance and tax functions, facilitated by initiatives such as SAP S/4HANA migration, automation, and AI/ML. This report explores how the priorities of SAPinsiders in various aspects of taxation and technology have evolved and how organizations have adapted their global tax management strategies in this ever-changing landscape.
As global tax regulations evolve rapidly, control and governance challenges have emerged as the foremost concern for businesses, with 51% identifying it as a significant pain point. This suggests an intensifying struggle to maintain compliance in a complex tax landscape. While more SAPinsider organizations plan to adopt third-party tax engines, consistent integration with ERP and other applications remains challenging, slowing utilization and posing difficulties for aligning tax management with broader business systems.
Download the benchmark report to read the full data analysis from 128 members of the SAPinsider community and receive recommendations for your global tax management plans.
