5 Reasons for Manufacturers and Distributors to Adopt a Sales Tax Engine
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A common problem among tax and finance teams is making sure the correct sales, use and VAT code is applied to the product or service. Within the manufacturing and distribution industry (M&D), there can be additional complexities that arise such as managing exemption certificates and changing global supply chains.
Utilizing a sales tax engine can save internal teams from constantly researching tax content, identifying errors in tax coding decisions, all while eliminating audit risk and maintaining process efficiency.