Tax & Accounting Blog

Keep pace with digital tax compliance for big data and fast reporting

Keep pace with digital tax compliance for big data and fast reporting

Save time and resources in the ever-changing world of indirect tax reporting For large companies operating in a digitalised global economy, indirect tax compliance has evolved from an arduous manual task to a largely hands-off process performed by sophisticated tax technologies that execute most tax functions—data gathering, computation, reconciliation, invoicing, reporting, filing, etc.—automatically and in […] … Read More

Thomson Reuters ONESOURCE: A tax technology solution for the modern IT professional

Thomson Reuters ONESOURCE: A tax technology solution for the modern IT professional

In today’s digitally-driven world, businesses across all sectors undergo significant technological transformations. These changes, often involving transitions to cloud-based systems, are reshaping how core business functions operate, including taxation.  For example, reduced IT maintenance can save businesses an average of $297k.  IT professionals are essential to driving successful digital transformation across the indirect tax department. […] … Read More

How to keep up with the regional complexities of e-invoicing and CTCs: Part 3

How to keep up with the regional complexities of e-invoicing and CTCs: Part 3

In the first two installments of our blog series on e-invoicing and Continuous Transaction Controls (CTC), we discussed the basics of e-invoicing and how it affects tax teams and compliance efforts. In this article, the third and last of the series, we will explore some of the regional complexities and challenges that companies may encounter […] … Read More

The future of statutory reporting

The future of statutory reporting

As with everything in today’s fast-moving, ever more complicated data world, the way statutory reporting is done is changing quickly. This is because technology is improving, and the regulatory requirements are always changing.  We understand that managing this complexity can be challenging. And that getting it wrong can be costly. To remain competitive and compliant […] … Read More

How organisations can save on the growing costs and complexity of compliance

How organisations can save on the growing costs and complexity of compliance

As governments globally require digitalised methods for e-invoicing and real-time monitoring and reporting of business transactions, multinational organisations face many complex and costly compliance challenges. In particular, mandates for e-invoicing and continuous transaction controls (CTCs) are data-intensive initiatives that demand speed, accuracy, and transparency all at once. Complying with these mandates requires technology, systems, and […] … Read More

How tech tools can eliminate inefficiency and sharpen competitive edge

How tech tools can eliminate inefficiency and sharpen competitive edge

Jump to ↓   Cut out repetitive manual tasks Streamline accounts production and tax filings Minimise human error Communicate and collaborate with ease Add more value to tax and accounting clients Create business visibility What’s the solution to drive accounting efficiency? Today’s accountants and tax professionals are operating in a fast-moving and demanding environment. Compliance […] … Read More