Encore: The Digital Enterprise: Turning Taxes Into Opportunity! - a podcast by Bonnie D. Graham

Ah, taxes! A bit of “humor” on a definitely serious topic for every enterprise:
* Benjamin Franklin: “In this world, nothing is certain except death and taxes.”
* Bonnie Raitt: “Solar power is the last energy resource that isn't owned yet – nobody taxes the sun yet.”
* Arthur C. Clarke: “The best measure of a man's honesty isn't his income tax return. It's the zero adjust on his bathroom scale.”

Ok, time to get serious. The EY 2020 Tax and Finance Operate survey reported that 51% of all respondents expected an increase to their organization’s tax risk profile from complying with emerging digital tax filing requirements, while a whopping 84% expected it to increase the workload of the tax and finance function.

EY’s 2022 Tax and Finance Operations Survey found 84% of respondents are actively transforming to tackle challenges. Talent, legislative and regulatory changes, and future-proofing technology are key concerns for Tax and Finance functions. And the COVID-19 pandemic worsened some challenges, accelerating the need to transform.

Reality check: With new regulatory announcements coming every month, your business needs to adapt your processes to remain sustainable and profitable.

How do intelligent businesses like yours take your tax transformation as a strategic turning point for operational efficiency and seamless compliance? Stop deprioritizing – or worse, ignoring – your company’s tax function in digital business transformation initiatives.

We’ll ask Erika Buson, Sveinung Baumann-Larsen and Vicky Bradford for their insights on The Digital Enterprise: Turning Taxes Into Opportunity!

Further episodes of Financial Excellence with Game Changers, presented by SAP

Further podcasts by Bonnie D. Graham

Website of Bonnie D. Graham