In the wake of globalisation, increasing regulatory requirements and constant new technological developments, the task profile of the tax department is changing rapidly. The tax authorities are pushing for audit compliance, clearly documented tax processes and error-free monitoring. To this end, they are building on the "electronic tax world" and increasingly relying on standardisation and automation.
As a result, companies are faced with the challenge of bringing together extensive tax-relevant calculations and data from many sources and providing a wide range of stakeholders with the required information quickly, in detail and in line with compliance requirements.
