A Holistic Game Plan for Tax Transformation
Learn best practices for successful S/4HANA migration and building an effective business case
Businesses leveraging a legacy tax engine or native-SAP tax functionality should evaluate the benefits of upgrading to an enterprise tax engine as part of this larger technology project. For almost all tax professionals, upgrading to an enterprise tax engine leads to an increase in tax accuracy, and efficiency improvements within the tax determination and reporting activities. However, this process can often seem daunting due to the time, stress and expense involved.
For these reasons, it is tempting to tackle the large ERP project first, and address the tax engine upgrade at a later date or worse, try to patch it to the older, inefficient technology and processes. However, due to the complexities of tax, and the interconnectedness of the systems, a congruent upgrade will yield significant enhancements to the business processes in the long run.
Download this White Paper to learn key insights from Vertex and DMA industry leaders and learn:
- Best practices for software migration
- How to evaluate current state and future state for possible enhancements
- Creative ways to plan, budget, and pay for such a project