You’re watching a top moment from the Automating Finance Battleground which premiered in October 2021. As part of the Future Office of the CFO program, the Automating Finance Battleground brought together top analysts, finance leaders, and technology experts for a digital event covering automation strategies to streamline the finance department.
00:08 – Three main benefits to tax compliance automation in finance:
- It provides a foundation for growth with minimal barriers.
- Its added flexibility of technology allows easy adaption to new tax obligations as the business grows.
- It maximizes the online sales growth.
00:29 – Because of the pandemic, many businesses experienced a shift to e-commerce. Tax automation enabled them to be more flexible with this shift.
00:49 – Now, businesses are managing omnichannel, which they are able to do because of tax compliance automation.