Nine Key Factors to Consider When Evaluating Enterprise Tax Software

Are you under pressure to close your books faster, but the lack of integration with finance systems means you cannot start your tax reporting and provision until the finance data is complete?

Do your current workflows take too much time and manual effort, yet still provide insufficient visibility, thereby allowing fires and sudden surprises to creep up and jeopardize meeting your group’s forecasted effective tax rate?

If so, it’s probably time to consider the underlying software that powers your tax team’s operations. But how do you know what to look for?

Tax teams have a lot on their plate these days. As the critical link between their organization and global tax authorities, they have always needed to quickly process and respond to any relevant changes originating from either party. During periods of rapid change, the pressures on tax teams are multiplied.