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Key Takeaways What you need to know

  1. The transition to SAP S/4HANA and ERP transformation is driving companies to redesign their business processes fundamentally, moving away from outdated, customized legacy systems.

  2. Tax teams must engage in broader business transformation initiatives to ensure their processes align with evolving business and regulatory demands.

  3. Integrating tax strategy with enterprise transformation is crucial for enhancing tax technology innovation and automating compliance efforts.

As companies transition to SAP S/4HANA and undergo ERP transformations, they are not only redefining their technical infrastructures but also redesigning their business processes, necessitating the involvement of tax teams to improve compliance and operational efficiency in response to evolving regulatory and business demands.

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