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Stakeholder Alignment and Internal Controls

White Paper Overview

STRENGTHENING TAX IN PROCUREMENT SERIES: PART 3

To succeed, the process of integrating tax automation with new procurement technology requires alignment. While the alignment of expectations between the tax and procurement functions is, of course, vital, the expectations of several other stakeholder groups – both inside and outside the organization – also require attention. This means understanding what corporate finance, Sarbanes-Oxley compliance groups, internal auditors, external auditors, and government tax auditors expect regarding tax compliance and tax automation. Since many of those expectations center on internal controls, indirect tax teams should identify which controls to monitor and manage.

In this paper, you’ll gain a clear understanding of how tax can manage internal alignment and internal controls during procurement transformation.  

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After reading this white paper, you'll gain a clear understanding of how to limit compliance risks while helping procurement and accounts payable groups make their activities as efficient as possible.

 

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Vertex Consulting for tax technology implementations