ERP Transformation: The Role of Tax and Compliance

Businesses today are looking to streamline their processes and standardize on a single source of truth for all their compliance data across all the regions in which they operate.

This process is often complicated by the fact that a lot of existing ERPs are older, on premise or more monolithic. Meaning they don’t have the ability to interface with best of breed third parties for areas such as tax compliance.

Modern ERPs, however, have the ability, via API, to interface with other systems. This is serving as a catalyst for businesses to begin identifying which data need to be moved and which partner is best suited to meet their organizational needs.

This eBook is intended to help guide businesses through the ERP transformation process as it relates to tax and compliance.

Key topics covered include:

• ERP Cloud, hybrid and on-prem and what the future holds
• The advantages to adding a tax engine to your ERP
• The unique qualities of tax and compliance systems
• When to involve tax in our ERP implementation or migration
• The role of the tax technologist and whether you need one
• A maturity model for tax compliance and how to identify where you are as a business

Not including tax early in your ERP transformation process can prove troublesome and expensive down the road.