A 2015 Deloitte survey found that of companies asked, 73% used Microsoft Excel widely on the preparation of financial tax returns. While Microsoft Excel has clear benefits and times for use, reports with errors derived from over-reliance or misuse of spreadsheets are commonplace and, for some taxes, this can have a direct impact on the company’s profit and loss account.
Best-in-class tax departments have discovered a safer option: tax technology – designed to meet the accounting professional’s complex needs while supporting the appropriate use of spreadsheets.
Download our free E-book and learn how using tax technology can reduce risks and help implement a compliant environment for your tax and accounting functions.