Corporate tax professionals devote an extensive amount of work to that one figure — especially when said work is compounded by constantly evolving tax regulations and the additional complexity of integrating and structuring data from the finance and tax departments. Tax professionals need to find, gather, validate, calculate, share, and demonstrate data, which doesn’t leave much room for strategic contribution. Luckily, technology can reverse that trend, automating the heavy lifting and leaving tax experts with more time for value-added activities.
To dig deeper, visit the original article on the Thomson Reuters blog.