The proliferation of indirect taxes across the world has changed tax compliance strategies from a nice-to-have into a pressing business requirement for finance and IT organizations. Whether it’s Value Added Tax (VAT) in Europe or Latin America, sales and use tax (SUT) in the United States, or goods and service tax (GST) in Asia, businesses around the globe now contend with different rules, clearance requirements, and reporting formats to manage their tax obligations and stay compliant.