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Many tax departments are grappling with complex compliance and reporting requirements, time-consuming data manipulation and manual processes that create risk. Adding to these challenges are limited resources with the capacity to help with tax strategy planning, as well as a lack of collaboration with finance and other business functions. The result can be inefficiencies across the organization.
Our tax reporting and strategy practice helps tax departments take a closer look at their key assets, including people, processes, data and technology. You’ll see tax from a new angle so you can redesign, redefine and redeploy it as a strategic asset across the enterprise.
In this episode we discuss how small automation can be used to deliver 'quick wins' as Tax functions are looking for ways to create time in their schedule to focus on more extraordinary demands. Tax functions don’t have to start from scratch – Tax can now leverage existing automations through a third party library (such as PwC’s Digital on Demand platform) that can be scaled for tax purposes.
Tax East Region Leader & Tax Reporting and Strategy Leader, PwC US