Manufacturers and Distributors: Using Cloud Solutions to Transform Tax Technology

The Manufacturing and Distribution (M&D) industry is now experiencing the impact of the digital transformation trend, leading businesses to migrate certain applications to the cloud and focus on process efficiencies. Along with this shift, unforeseen disruptions have also emerged. Companies in this industry, having shifted their sourcing to a small number of large overseas suppliers over the past decade, are now facing global supply chain disruption. The tech and business situation highlights the importance of adopting globally agile systems that can pivot and scale according to need, enabling companies to navigate effectively through change.

This report examines: 

• The importance of a scalable indirect tax management system
• The importance of connecting the tax & IT teams
• How to conquer tax complexity
• Cloud migration strategy for business/financial applications
• The benefits of implementing a cloud-based tax engine