Sales and use tax compliance can be a burden for retailers, distributors, and wholesalers. But it can be difficult to know when it’s time to automate your processes. In the infographic below, we discuss five signs that it’s time to automate — such as balancing taxes from sales in multiple states or managing taxes across jurisdictions:
Balance the complexity of tax jurisdictions
Many tax teams must manage taxes across jurisdictions. For example, they may have storefronts in several states, or they may operate their storefront in one state and have distribution centers in multiple states. Whatever your company’s situation, simple errors can lead to audits. Automation can help catch these errors before they escalate.