Procurement activities and indirect tax processes intersect at numerous junctions. How effectively organizations manage these touchpoints is an important consideration — one with potentially $6 million or more at stake.
In today’s business environment, automation is essential in order to manage expanding requirements around purchase transactions in the global business world. Today’s procurement departments have centralized AP processing and need to comply with local country requirements, touchless invoice processing and fully integrated procurement solutions.
In this paper, experts from Vertex and KPMG LLP discuss professionals discuss navigating these changing requirements to be compliant with indirect tax and at the same time increase productivity and automation of invoice processing.
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