There are pressures from all sides on the tax function: from digital reporting and mounting regulation, to the drive for cost optimisation amid economic uncertainty.
Coping with these challenges demands ever larger volumes of data. But not all the information you require will sit within the tax function – or even within your organisation. You’ll need to identify what you have, what’s missing, where it can be found, who owns it, and how to get it in the right format and quality.
A rigorous approach to data collection, management and analysis is therefore essential.
