For tax functions, the ERP system is the core information supply to embrace in the digital transformation. This is part 2 of a three-part Microsoft Dynamics Tax series.
In our first blog of this series, we discussed why the tax function needs to get involved in migrating to a new ERP system or in enhancing the current one. In this second blog, we will go into greater depth on the exact input of the tax team.
Several important decisions and workstreams lie with the tax function in every ERP transformation journey:
Having issues with the master data may trigger issues with various implications: from cash collection issues due to wrongly created invoices to a completely messed up VAT determination.
When completing the above task list, the tax team usually bumps into quite a lot of challenges, therefore we recommend to
If your organization opts for Microsoft Dynamics 365, it is advisable to bring a solution provider that can draw on experienced tax experts at the very beginning of your ERP implementation to increase your chances of success and help you avoid common pitfalls and mistakes.
With KPMG as a Microsoft Certified Partner at your side, your ERP transformation would follow KPMG's Powered Enterprise transformation methodology:
Now you can embrace transformation as an opportunity rather than as a disruptive event. KPMG will bring proven competency and experience to implementations and will help you navigate your company confidently into the digital future. Make sure you are ready for whatever challenge comes next.