Tax Forward: A new reality

Workforce strategy in tax transformation: Building capabilities, managing talent and driving success

Navigating the complexities of tax transformation presents an abundance of challenges. Today’s constantly evolving (local) tax legislation demands that organisations stay agile and informed. However, reorganising tax functions to align with new regulations can be a daunting task. Especially when this needs to be combined with investments in training and advanced technologies to streamline processes and ensure compliance.

The solution is our holistic people approach that consolidates people-related topics to deliver an effective and consistent plan of action, ensure a successful tax transformation, enhance employee satisfaction and drive better compliance. 

Reevaluating sourcing models in tax transformation: Addressing competency gaps and optimising work structure

In today’s ever-changing tax landscape, organisations must constantly reassess their sourcing models to identify and bridge competency gaps and optimise work and governance structures. This means that it’s vital for organisations to understand the secrets of balancing costs, maintaining compliance, reducing risks, increasing efficiencies and improving processes in today’s complex tax landscape.

Based on your organisation, the answer could be outsourcing, co-sourcing, insourcing or a combination of all three. 

Building a sustainable tax and risk control framework: Tax risk management, audit management and the utilisation of governance tools

When it comes to navigating the increasingly complex world of tax, organisations need to be prepared for today and tomorrow. This means finding answers to queries such as: how can I build a sustainable tax control framework for my organisation? How can I use proactive tax risk management to safeguard my organisation from financial and reputational damage? How can I use technology to support my risk and control efforts? How can I align my tax operations with my broader business objectives? And how can I enhance my organisation’s resilience for tax matters?

AI and tactical automation in tax and finance: How to start your journey

With 43% of the average tax team’s time being spent on compliance and reporting activities and only 8% of tax teams using GenAI and tactical automation, it’s clear that tax teams are at a tipping point. The right push, powered by intelligent data analysis, automated workflows and predictive modelling, will transform your tax team into a strategic powerhouse and unlock new opportunities for your organisation. 

Holistic data strategy and management in tax transformation: Enhancing data management practices for strategic insights and compliance

Tax data is strategically important for tax teams and organisations. Swift access to reliable, real-time data is essential for tax professionals to ensure compliance, manage risks and optimise tax positions. SAP’s cutting-edge technology supports these critical goals through integrated systems, intelligent automation, enhanced reporting capabilities, advanced analytics and seamless collaboration tools. The power of these innovative solutions empowers you to improve decision making and unlock new opportunities for your tax teams to contribute to your organisation’s overall success and profitability. 

Integrating tax (accounting) sensitisation with systems: Enhancing tax accounting functions for streamlined processes and compliance

An end-to-end GAAP to STAT to TAX cycle forms the heart of the tax function, supported by critical tax accounting, technology and data components that form the backbone of your process. By implementing multiple GAAP accounting, robust tax ledger management and advanced tax sensitisation techniques, you can drive optimisation across your organisation and take your STAT and TAX operations to the next level. 

The strategic approach to e-invoicing (and e-reporting): Projects in Belgium and beyond

The introduction of domestic e-invoicing and real-time reporting obligations is a critical issue for organisations worldwide. Organisations need to approach this topic strategically to minimise their costs, optimise their processes and ensure timely compliance as failure to address these requirements promptly can lead to significant disruptions and cause important changes in the way organisations deal with their customers, internal stakeholders and the tax authorities.

Empowering sustainable growth by navigating the complexity of green taxes and incentives: Business as usual or new responsibilities?

As regulatory shifts are happening fast on both a global and local level, authorities are taking a carrot and stick approach, in the form of green taxes and incentives, to support organisations to comply with new policies and regulations. Organisations are exploring how to turn these green taxes and incentives into strategic advantages that enhance their brand reputation and drive them towards a sustainable future.

From data to compliance: Navigating Pillar Two with technology

The OECD’s Pillar Two compliance regulations require a comprehensive understanding of your global tax profile and the ability to efficiently gather, analyse and report on a vast amount of data. The solution is innovative technology, including data analytics, automation and cloud-based platforms, that will streamline the Pillar Two compliance process, enhance data integrity and provide real-time insights. 

Transfer pricing tooling: Leveraging SAP PaPM and EXA for effective operational transfer pricing management

Operational transfer pricing (OTP) processes are crucial for compliance and tax efficiency. It’s time to move away from time consuming and error-prone traditional methods that rely on manual data entry and spreadsheet-based analysis.

New cutting-edge OTP technology tools, including ERP systems, specialised transfer pricing software, data analytics platforms and collaboration tools, enhance efficiency and accuracy, improve data management, ensure compliance, streamline processes and enable real-time monitoring.

The indirect tax function of the future: People, process and technology

The world is rapidly changing, and tax is no exception, especially indirect tax with new obligations like e-invoicing, real-time reporting and CBAM. When these obligations are combined with internal factors, such as system upgrades, business restructurings and cost considerations, it’s the ideal opportunity to leverage people, process and technology to transform indirect tax functions into a modern, value-adding function.