Automated Indirect Tax Determination and Reporting from Inside the ERP

Learn how a tax engine can automate indirect tax calculation in Workday Financials.

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For companies that sell products and services across a wide geographic range, indirect taxes are a nightmare to manage manually. Laws in thousands of state and local jurisdictions are constantly changing, and they include a wide array of complex exemptions that require documentation to take advantage of. And while enterprise resource planning (ERP) platforms like Workday Financial Management are powerful, their tax capabilities are limited. To calculate indirect tax accurately and rapidly, companies need an automated tax engine that stays up to date with changes to tax laws everywhere they do business.

With expert input from Vertex, KPMG, and Workday, this white paper will discuss:

  • Tax and reporting challenges businesses are facing today
  • Benefits of tax automation
  • The role of the ERP
  • Vertex indirect tax solutions for Workday
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