What is a Tax Engine and Why Should You Add a Tax Engine to Your ERP System?

Handling VAT exclusively with your native ERP leaves your tax team spending too much of its time manually researching rates and rules, and constantly updating the ERP—ultimately putting your organization at risk for audit penalties, tax operation inefficiencies, and inaccurate tax calculations.

In the infographic below, we discover how these challenges can be easily addressed with a tax engine for VAT automation. 

An infographic outlining reasons to add a tax engine to your ERP system.

 

7 Reasons to Add a Tax Engine for VAT Determination

Many successful MNCs find that integrating a tax engine to their ERP and other systems significantly improves tax accuracy and overall tax department agility.

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Global Tax Solutions: Improve Compliance for Your Business

Reduce risk and get the agility needed to support business growth with a scalable solution for VAT & GST determination.

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