a tax form and euro banknotes on a black background | Talent shortages threaten progress in digital tax transformation, Vertex study finds Nearly half of tax and finance professionals feel unprepared for digital transformation, with 43% citing insufficient technology or data expertise as a barrier. ⇨ Employee wellbeing is a significant concern, as 49% worry about increased workloads due to staff turnover and 44% express fears of stress and burnout. ⇨ Despite challenges, 53% of professionals view digital transformation as a career opportunity, highlighting the importance of addressing skill gaps and fostering collaboration to unlock growth. A new study by tax technology company Vertex has exposed critical skills gaps in tax teams that could hinder businesses’ progress in digital tax transformation. The Global Tax Transformation survey which gathered insights from 610 tax and finance professionals across Europe and the US showed that nearly half (44 percent) of tax and finance professionals feel unprepared to meet the demands of digital transformation, with 43 percent citing insufficient technology or data expertise. The rapid pace of transformation is straining teams, with 49 percent of respondents concerned about heavier workloads caused by staff turnover. Mental health is another pressing issue, as 44 percent […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
