How a connected process and data ecosystem increases the value of tax data
Do you have confidence in your data? Fully leveraging a connected process and data ecosystem provides that level of ownership – you know where every number came from, who touched it, and whether it reconciled across each step of the tax lifecycle. This data becomes a valuable asset as it can be validated, reconciled, and traceable across each different required tax process.
According to the Thomson Reuters Institute’s 2026 Corporate Tax Department Technology Report, nearly two-thirds of corporate tax departments are still operating in the reactive phase of technological development — meaning some processes are automated, but not enough to support truly proactive, strategic tax work.
To dig deeper, visit the original article on the Thomson Reuters blog.