Tax authorities worldwide are monitoring company data using digital tools, expanding real-time compliance mandates and shifting to mandatory electronic invoicing. As a result, businesses face pressure to modernize their global indirect tax processes. They need scalable, automated solutions to manage complex cross-border tax regulations and meet the demands of multiple country-specific reporting and e-invoicing requirements.
VAT process automation helps organizations address these challenges by streamlining VAT activities across departments with minimal human input.
Anchored by enterprise resource planning (ERP) systems and supported by tax engines and compliance tools, these solutions automate VAT calculation and reporting while supporting accuracy, transparency, regulatory compliance and readiness to comply with digital reporting and e-invoicing mandates.
