As many people now realise, no individual in a business is an island. You cannot operate in isolation as a department or individual, with just your processes and technology of choice. One department where this has become even more prevalent in recent years is finance and in particular the tax departments. However, if you’ve already […] … Read More
We’ve talked at length about why you need to transform your financial practices. We’ve shared some stark reminders of other’s mistakes to help you communicate to your leadership team why you absolutely need to change your current behaviours and processes. So, the big question remaining is how do you centralise, standardise and automate practices across […] … Read More
As global regulators seek to increase transparency among multinational enterprises, the role of accounting and finance departments has been elevated to new heights. You know the risks associated with software that’s no longer fit for purpose and you’ve decided to develop the strategy that will get boardroom buy-in and allow you to invest in technology […] … Read More
How well do you sleep at night? Do you lie awake worrying about your financial practices? It might seem an odd question to ask but a recent survey of 977 finance professionals around the world found only 3% of respondents slept soundly. Only 3%! … And there’s good reason. As global regulators seek to minimise […] … Read More
A recent Deloitte survey found that 73% of companies used Microsoft Excel to prepare VAT returns. Yet in our European Tax Technology Survey, only 11% of businesses believed they can still rely on manual processes and spreadsheets. Couple this information with the fact that Microsoft recently stopped support for Windows 7 and will cease mainstream […] … Read More
On 31 August Thomson Reuters and Advance Tax Compliance presented a webinar called a “Streamlining Tax Data Management – Take Control and Improve Your Tax Data Processes”. In this webinar we focused on the usage of tax data management technology by tax departments, specifically ONESOURCE DataFlow. We also shared a live example how an improved […] … Read More