← Blog home For many growing companies, the decision to switch to a centralized Enterprise Resource Planning (ERP) system is driven by the need to keep up with the increasing complexity and speed of global digitalization. Many common business activities— communication, compliance, e-invoicing, reporting, risk management, modeling, analysis, project management, and more—now require universal access to real-time data. If a company’s legacy business systems can’t handle the task, they need to be upgraded or replaced. Usually, that upgrade consists of adopting an ERP system such as SAP or Oracle , which acts as a centralized hub or “source of truth” for a company’s day-to-day business activities. Jump to ↓ The benefits of an ERP system AI-enhanced ERPs ERPs and digital transformation ONESOURCE Indirect Tax Maximize the impact of digital transformation with integrated tax technology. Learn more ↗ The benefits of an ERP system While ERPs do provide greater efficiency and data utility to many different business units, they are especially beneficial for corporate tax departments. The transition to an ERP system can, and arguably should, spark a dramatic transformation in how a tax department operates and what it can achieve. The following are just a few of the many […]
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