Solving VAT: Challenges for IT, Finance and Tax Teams

The Need for Better Integration, Compliance and Visibility

In depth research into the real VAT challenges facing tax, finance and IT teams across Europe. Download your copy today.

VAT determination has always been a challenging part of doing international business for many departments not just tax. However, just how challenging that complexity is, depends on if you’re a decision maker in the tax, finance or IT department.

This disconnect, we’ve repeatedly seen when consulting with European organisations looking to increase visibility of tax obligation from their ERP data and accurate VAT compliance reports. It raises the question, is your current indirect tax solution right for your business?

Report: Solving VAT: Challenges for Tax, Finance and IT teams

Download our comprehensive report where we take a deep dive into how tax teams currently address their VAT obligations. It then covers how that approach realistically meets the company’s true and future needs, and the daily challenges tax teams experience when grabbling with improving efficiencies, delivering results at speed and driving operational costs down.

Highlights for tax executives

  • Current approaches and the variety of solutions used by tax teams extracting meaningful data from their ERP systems 
  • Pros and cons of current VAT approaches vs delivering to support the changing business needs 
  • The future and what automated VAT technology features tax departments are calling out for

This is a vital report for anyone who is responsible for future investments that bring their VAT requirements under control and is crucial to bring the three key departments together on the same page.

The two most common VAT issues are handling multiple jurisdictions (38%) and remodelling to keep up with legislative changes (34%).

Vanson Bourne
Solving VAT: Challenges for IT, Finance and Tax teams’ 2021

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