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Trends in Data Analytics Headed for the Tax Department
As the largest consumer of financial data, tax departments are constantly in need of accurate information from numerous sources to remain compliant. But what if you could connect and analyze data from across your organization in a way that not only enables compliance but also allows you to make better business decisions?
Trends in big data and data analytics have the potential to enable a holistic, global tax story that goes beyond systems, departments and organizational divisions. This whitepaper outlines recent advancements in these trends, as well as how they can be utilized in today’s demanding tax environment.
On the Pulse of the Profession
Thomson Reuters ONESOURCE provides transformative tax technology that powers smarter decision-making for tax and accounting professionals worldwide. Backed by our trusted experts, we know where trends in technology are headed—and how tax departments can use them throughout the tax lifecycle.Learn more about ONESOURCE
The Future of Tax Data Analytics
Trends in advanced technology, particularly data analytics, are shifting the mindset of today’s tax professionals from tedious, manual work to providing high-level, strategic insights. Data analytics engines enable tax departments to look holistically at data sets and use that information to help their company make better business decisions.Download the infographic