In the last couple of years, waves of digitalization and technological infusion have altered the entire financial services realm, primarily the taxation domain. Sophisticated technologies like AI, ML, cloud, blockchain, and others have eradicated manual processes, making taxation procedures operationally efficient and cost-effective. Today, the incorporation of software services for accounting and taxation allows for digital entries and record-keeping in real-time. Besides, automating the taxation records removes redundancies, repetitive errors, and eradicates the need for unnecessary human intervention. Furthermore, several organizations are using big data, machine learning, and AI to properly analyze the colossal volumes of data gathered across multiple parameters. It also helps industry leaders to scrutinize static input data and enables them to assess dynamic taxation information. In addition, the use of cloud-based tools is improving transparency of processes, investments, and strategies and thereby paving the way for real-time collaboration among organizations and their clients.
Keeping in mind such drastic transitions, we have compiled this issue of CFOTechOutlook in order to assist organizations in the task of finding accomplished solution providers and consulting/services companies to help them navigate the tax techrealm. In this edition, we have listed top 10 tax tech solution providers 2020 and top 10 tax tech consulting/service companies 2020 to highlight the enterprises that can escalate the chances of your growth. Equipped with innovative technological capabilities, these enlisted solution providers and consulting/services companies are transforming the tax techparadigm at the cloverleaf of various disruptive technologies. Besides, the magazine comprises insights from subject-matter experts, CIOs, and CXOs in the tax tech on the latest industry trends, best practices, recent innovations, and highlights their expertise. We hope this issue of CFO Tech Outlook helps you build the partnership you and your organization need to foster an environment driven by robust and efficient technology.
We present to you CFO Tech Outlook’s “Top 10 Tax Tech Solution Providers - 2020.”