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Managing transformational change in corporate tax departments: Key strategies and approaches

ThomsonReuters

Blog home In corporate tax departments, change comes in many forms. This blog will look at the main drivers of change in a business, successful strategies of change management to implement in your corporate tax department, and how leaders can address resistance to technological transformation.

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Bookkeeping Fundamentals for Small Business Owners

DuctTapeMarketing

Small Business Finances. Cloud-based accounting software can provide a whole suite of tools to help business owners get ahead. Handle payments and manage accounts payable. Prepare the books for tax season. If you liked this post, check out our Guide to Managing Your Small Business Finances. Content Marketing.

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The role of ERP in the digital transformation of corporate tax departments

ThomsonReuters

Learn more The benefits of an ERP system While ERPs do provide greater efficiency and data utility to many different business units, they are especially beneficial for corporate tax departments. The following are just a few of the many benefits a new ERP system can provide for corporate tax departments.

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4 Ways Finance and Accounting Pros Can Adapt Now to Working With Generative AI

CPA Practice

Accounting and finance professionals are always on the lookout for tools that can help them become more efficient, productive and accurate in their work. Of course, to stay in demand, finance and accounting pros will need to ensure that they maintain relevant skills, especially when it comes to working with generative AI.

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Struggle to Retain and Attract Finance and Tax Talent is Peaking, EY Says

CPA Practice

The accounting talent shortage is now at a crisis level within the tax and finance functions, as 70% of CFOs and corporate tax executives say they’re feeling the impact of fewer accountants entering the profession while senior cohorts retire, according to the 2024 EY Tax and Finance Operations Survey.

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5 ways technology can strengthen a corporate tax team

ThomsonReuters

The proper utilization and deployment of technological solutions alongside valued tax professionals is how successful tax departments deliver valued analysis, insights, and guidance for their organizations. Keeping regulators at bay Tax authorities worldwide continue to pass legislation requiring greater disclosure from corporations.

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Transforming tax operations with strategic alliances: Thomson Reuters and KPMG

ThomsonReuters

Blog home Today, organizations are under increasing pressure to navigate the complexities of global tax regulations, ensure compliance, and optimize workflow processes using the latest advanced technology.