The opportunities to innovate the tax function are vast, but you won’t know where to start or how to move forward without understanding all the potential outcomes. Cost efficiency is just part of the story. Think about value more broadly to unleash the full power of tax transformation.
KPMG research shows that the majority of corporate decision-makers want tax functions to play a more strategic role in the overall business and deliver greater benefits across the organization. While opportunities to innovate and modernize the tax function are vast, you don't know how to move forward without defining what value really looks like.
As you’ll soon see, it is more ambiguous than you think.
In our report , we examine the value of a reimagined tax department through the lenses of three of tax’s key stakeholders:
People: Creating better tax jobs and empowering future tax talent
Communities: Increasing tax transparency and being a better corporate citizen
The business: Optimizing operations and doing more with less