Financial Excellence With Game Changers, Presented By Sap

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, acceleratin