Price pressures are increasing, revenue growth has stalled, and optimism about the economy has fallen: all signs pointing to a dramatic economic slowdown in 2023. Companies bracing for a recession will be redoubling their efforts to reduce costs and carefully manage cash…but the ability to push costs onto customers has run its course, and CFOs need new strategies to protect the bottom line.
This playbook explains how indirect tax management technology can help unlock additional cash and cost savings and examines the tax technology solutions that can reduce audit risk and enable tax departments to focus on more strategic value-added work. After reading this playbook, you will: