In a fast changing world, we’re helping clients build a tax function for the future. Our integrated approach to tax management brings together tax function design, technology and tax- and statutory compliance delivery. By aligning your tax and tax technology strategies with your commercial goals the tax function will become a strategic business asset, adding value across the organisation.
Understanding your organisation’s challenges, goals and needs is just the start. Successful change will require re-engineering ‘end-to-end’ processes, not just the final outputs.
Increasingly, tax functions understand the value of leveraging technology to drive greater efficiency, improve tax processes and manage risk.
Whilst companies largely understand the importance of creating strategies around tax technology and pursuing related initiatives, most have yet to make appropriate investments in these areas. These investments play an integral role in transforming tax into a strategic business partner within the organisation. As such, tax leadership should engage with company leadership and commit to the next steps in the evolution of its tax function.
By improving data quality and automating processes, technology can help you turn your tax function into an effective catalyst for achieving your business objectives.
A modern, efficient tax function has a defined technology strategy, aligned with all of the organisation's strategic departments. We can help you integrate technology into your tax function as part of your business strategy. We can also work together to build a clear plan for deliverables, whether by implementing new technology or by optimising your existing technology. We will work with you to identify, map and transform your tax processes, using the latest technologies to automate where they add value.
by working with you to build a plan for the technology used by your tax function. It starts from the tools your company already uses, and we can then help you refine your plans in line with your strategic objectives.
by automating manual processes, the reconciliations needed for reporting, and web data collection. Our solutions use automated data workflows that integrate into your overall tax data management framework.
by developing tools that provide useful business insights to support tax planning, scenario forecasting and predictive analytics.
by giving your teams upskilling courses on automation and helping them find practical ways to improve processes. This will help you bring automation into the way you work and support the digitalisation of your tax function.
to implement and use these areas as a service, so you can automate processes faster.
to create a sustainable, agile governance model that formalises stakeholder roles and responsibilities. The model also updates internal controls, deals with further change management challenges, and monitors legislative and company changes.
Country Managing Partner, PwC Romania
Anca Macovei
Director, Tax Services, PwC Romania