The tax area is constantly changing due to digitalization and increased demands for global transparency. This places new demands on modern tax departments. The need to streamline processes, handle regulatory changes, and make data-driven decisions is greater than ever.
Our advisory service, Tax Technology Consulting, helps you to use technology to streamline your tax processes and maximize efficiency within the tax area. With the help of smart tools and skilled expertise we can optimize your tax function and create a data-driven workplace.
Benefits of modern tax technology:
- More efficient processes: Automate manual tasks and free up time for strategic work.
- Reduced risk: Reduce the risk of errors and improve regulatory compliance.
- Better decision-making: Gain valuable insights from your tax data.
- Increased control: Get a transparent overview of your tax situation.
Strategies and solutions for tax function transformation
Effective transformation of the tax function is not just about rethinking old processes and introducing new technology. It starts with defining a vision for the tax function that is tailored to your organization's capacity and strategic goals. KPMG has the expert tax knowledge and technical experience to help you make the right decisions – from determining which functions to outsource to implementing innovative tax technology to improve performance. For example, integrating the tax function and its requirements in your ERP system as well as utilizing data analytics for tax and evaluating data and information being produced are becoming increasingly important for tax departments to function efficiently.
We help your tax function take full advantage of your organization's ERP system and ensure efficient data collection and streamlined tax processes. We also guide you in data management, document management, and how to best prioritize internal controls. Making data-driven decisions is crucial for a modern tax function. We will help you develop a strategy for data-driven work. Our experts analyze your tax data and provide you with valuable insights that can be used to improve tax planning, forecasts, and compliance. We also show you how leading tax technologies and applications can help you optimize your tax management.
Our services in tax technology consulting:
- Strategic advice: We help you develop a tax technology plan that is tailored to your needs and future goals.
- System selection and implementation: We help you choose the right tax tools and integrate them into your existing systems.
- Data analysis and reporting: We help you transform your tax data into valuable insights.
- Process optimization: We help you streamline your tax processes with the help of technology.
Contact us today to find out more about how KPMG Tax Transformation can help you with modern tax technology.
