Recession Readiness with Indirect-Tax Automation

Most companies now bracing for a recession will be redoubling their efforts to reduce costs and carefully manage cash. However, chief financial officers are running out of options. By the end of 2022, the ability to push costs onto customers will have run its course, and new strategies will be needed to protect the bottom line.

In this playbook, we explain how CFOs can turn to technology for indirect-tax management to help them unlock additional cash and find cost savings. We also examine how best-in-class tax technology can provide the added benefit of reducing audit risk and enabling tax departments to focus on more strategic value-added work.

By the end of the playbook, readers will:

• Understand why companies need to eliminate manual processes for indirect-tax management.
• Learn how technology to manage indirect tax can improve cash flow and reduce costs.
• Discover how advanced tax technology can provide CFOs and tax executives insights into managing risk and free up valuable time for your tax professionals.
• Read tips on how tax managers can make an effective case for indirect-tax automation.