Big data has been a windfall for retailers, whose deep insights into customer behavior lead to greater satisfaction and sales. Now, more retail tax professionals are using big data to strengthen their tax compliance capabilities and deliver greater strategic value to their organizations.
In this whitepaper by Vertex retail taxation expert Pete Olanday, you’ll learn how big data is transforming retail tax management — including the four tax automation capabilities that give your organization greater insight throughout the tax lifecycle:
Harmonization and unification of data from disparate sources
Tax data validation
Data enrichment into tax-ready formats
Data retention to satisfy global retention requirements
It’s time for retail tax professionals to devote more bandwidth to partnering with the business, strategic planning, and other high value activities. Read How Big Data is Transforming Retail to learn how big data and tax automation allow corporate tax to provide deeper strategic insights than ever before.