Introduction by Tim Roden, ERP Transformation Expert

Tax has taken on increased importance in the ERP transformation process, largely due to increased complexity of compliance on a global scale. Businesses today, some out of an interest in creating increased efficiency and some out of necessity, are looking to streamline processes and standardize on one system of truth for all their data across all regions.

This is driven in part by the need for greater transparency across business units and regions and to ensure that the data concerning tax obligations are all stemming from the same single source of truth. Introduction There is a concept that many organizations are adhering to these days, largely influenced by SAP, regarding a clean core. The thought being, ERPs don’t want businesses to customize their platform, instead, we’ll make it easier for you to connect to other systems that can do what it is they do best, like a tax determination solution. As this is where your organizational data is going to live, it has to be clean, easily traceable and auditable.