Tax technology: Creating a strategic asset

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09/19/2013 by Industrial products
Tax technology: Creating a strategic asset

At a glance

How do manufacturing companies use technology in their tax functions? PwC and the Manufacturers Alliance for Productivity and Innovation (MAPI) surveyed more than 100 companies to uncover leading practices and challenges in applying technology to the tax function.

When it comes to strategies for using technology in the tax function, where do major organizations stand in terms of adopting and enabling tax technology initiatives? In an effort to identify leading practices, baseline technology use, and challenges in tax, PwC and Manufacturers Alliance for Productivity and Innovation (MAPI) recently collaborated on a survey of more than 100 companies.

This paper discusses the results of the survey, the benefits of having a tax technology strategy, and the technologies that would have the biggest impact on a tax department’s work.