There are several key areas that a digitalised tax function should look to deliver to any and every organisation.
A digitalised tax and finance function should look to deliver the following:
Standardised data structure and architecture
Improved data quality
The capability to run detailed data analytics and visualisation
Process automation and the increased use of robotics
Integration of emerging technologies including harnessing cloud capabilities and application programming interfaces to gather and transfer data seamlessly
Governance dashboards and workflow management