IT leaders that manage multiple ERP systems may take a different approach to indirect tax calculation for each source system: they may leverage native tax calculation capabilities for some systems, while integrating a third-party tax engine to calculate sales, use, and value added tax in other systems.
While this disparate approach may serve your company in the short term, it poses a host of challenges that can hinder long-term growth. This guide delves into seven major challenges associated with calculating tax separately across disparate source systems, including:
- Data integrity, consistency, and integration
- Inefficient processes
- Compliance risks
- Increased IT support
- Training issues
- Scalability issues
- Increased maintenance costs
Learn how to mitigate these risks by adding a single Vertex tax engine that integrates with every source system.
Download the eBook now.
