How IT Can Manage Enterprise Risk by Supporting a Tax Control Framework
In the era of digital business operations, your IT department is on the frontlines of managing enterprise risk. An often overlooked component of risk management is tax operations. Improper tax management can have ripple effects that impact your entire organization, increasing audit risk and leaving room for financial loss and reputational damage.
For your IT team, mitigating this risk involves addressing the following:
Inaccurate tax data across systems and channels
Inefficient processes
Security and privacy concerns
Resource allocation challenges
Training/skill development of the IT team
And more.
The good news is that you can proactively mitigate risk by supporting a tax control framework within your organization. Download this e-book to learn how your IT team can enhance your framework and how Vertex solutions can address your complex tax challenges.