1. Thomson Reuters Tax & Accounting software and research solutions
  2. Corporate Tax Solutions | Thomson Reuters
  3. Corporate Tax Technology: Stepping into the Future
  4. Corporate Tax Technology: Stepping into the Future

White paper

Corporate Tax Technology: Stepping into the Future

Understand the Key Challenges Solved by Technology

What is the key to building a successful corporate tax department of the future? 

The impact of COVID-19—including the challenge of managing year-end closing activities with tax team members working remotely from home puts increasing importance on corporate tax technology now more than ever. 

Overnight, tax departments all became decentralized. This disruption has elevated the importance of tech tools that improve collaboration and transparency in day-to-day workflow, document management, data management, and other tasks. There has been a noticeable shift that even tech-savvy teams faced new challenges when they could no longer rely on face-to-face updates, hallway chats, and office whiteboards to move projects forward.

In this white paper, four industry leaders with a cumulative 85 years of corporate tax management experience address critical challenges that tax technology can help overcome, including process inefficiency, tax reform compliance, and cost reduction. 

Topics include:

  • Tax reform compliance
  • Operational assessments
  • Technology and Talent alignment
  • Change management
  • Strategic roadmaps
  • ERP upgrades, APIs, AI 
  • Cloud-based systems

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