Enterprise resource planning (ERP) systems are getting big makeovers. But where does that leave your tax technology infrastructure?
That’s the question at the heart of a new podcast at CIO.com featuring Vertex Chief Technology Officer Jen Kurtz. The episode, Best Practices for Upgrading Legacy ERP Systems, is part of the CIO series Tax Technology Today.
Tax tools have traditionally been back-office applications, integrated with ERP systems and firmly rooted on-premises. “What we’re now starting to see is tax moving to the front office, certainly with e-commerce platforms, customer relationship management systems and supply chains,” says Jen. “Some of those systems are more oriented toward the cloud, so we are starting to see lifts in tax applications that integrate with those front-office applications to be more cloud-oriented—whereas in ERP, we still see it as more oriented to on-premises.”
The result, at many companies, is a hybrid approach that seeks to combine the best of cloud-native and on-premise solutions. Jen outlines some features of new applications in this ecology, for example, cloud-based systems that deliver the tax calculation and return as a single integrated user experience.