Tax insights
Discover our latest Tax insights.
Tax transformation starts with data and empowers tax functions to move beyond compliance by modernising reporting, governance, automation and AI-enabled insights across the organisation.
Tax leaders and CFOs are facing increasing pressure to modernise how they operate. Regulatory change, finance transformation programmes and resourcing challenges are forcing organisations to rethink how tax data, tax processes and tax technology work together.
Without reliable and consistent tax data across systems and entities, tax reporting becomes fragmented, tax automation becomes difficult and opportunities to use analytics or artificial intelligence in tax remain limited.
Regulation, finance transformation and talent pressures are colliding
Regulatory change and large-scale finance transformation programmes are reshaping how tax functions operate. Initiatives such as Pillar Two are increasing reporting complexity, while ERP transformations, including SAP S/4HANA implementations, are redefining the systems, processes and data structures that tax relies on.
Without the right approach, these changes can expose organisations to risk through incorrect tax configuration, fragmented tax data and gaps in tax processes. However, they also create an opportunity to strengthen tax control frameworks, improve tax reporting and enable greater tax automation, analytics and future AI capabilities.
Without the right approach, these changes can expose organisations to risk through incorrect tax configuration, fragmented tax data and gaps in tax processes. However, they also create an opportunity to strengthen tax control frameworks, improve tax reporting and enable greater tax automation, analytics and future AI capabilities.
Data powered tax transformation
Tax transformation begins with reliable data.
When tax data is fragmented across systems or jurisdictions, tax reporting becomes inconsistent and tax automation becomes difficult to implement. As organisations modernise finance systems and respond to regulatory developments such as Pillar Two, the quality and structure of tax data becomes critical. Strong tax data foundations also enable organisations to explore new opportunities in automation, analytics and artificial intelligence in tax.
These challenges become even more pronounced following mergers and acquisitions when new jurisdictions and systems must be integrated quickly while remaining compliant. This can lead to inconsistent tax reporting, fragmented tax processes and increased compliance risk.
Forvis Mazars’ team of tax transformation experts supports the tax function during wider organisational change, while helping to avoid:
- Fragmented tax processes and inconsistent tax reporting across entities, systems and countries
- Automation that fails or produces unreliable outputs, creating rework
- Pillar Two readiness issues, including unclear ownership between tax and finance
- Post-acquisition integration problems that affect compliance in new jurisdictions
- Over-reliance on stretched teams and manual processes, leading to penalties and audit-trail weaknesses
Tax transformation underpinned by global and local expertise
Whether triggered by a wider finance transformation or part of a tax-led programme, we bring together multi-disciplinary teams to transform how you operate and respond to changing regulations.
Forvis Mazars takes a holistic view of tax transformation, and our multi-disciplinary team of experts pushes this as far as possible into finance. We bring together tax, data and technology specialists to ensure transformation is deliverable in practice, with governance and controls built in from day one. This empowers tax functions, aligning people, processes and technology, underpinned by on-the-ground expertise across jurisdictions.
In the case of wider organisational and financial transformation, we ensure that tax has a voice and that tax requirements are embedded across process design, ERP configuration, data standards and controls. This ensures the tax function can benefit from the foundations laid during wider finance transformation. With improved processes and a data layer that drives automation, the result is reduced reporting friction, fewer late adjustments and lower risk of errors.
Whether transformation comes from above or is a tax-led programme to solve a specific problem, we look beyond technology. We take time to clarify roles, workflows, governance and handoffs, then standardise the data needed to automate. As we are tech-agnostic, we can help you get the most value from the tools you already have and only add new tax technology solutions where they genuinely fit.
Why partner with Forvis Mazars
Supporting tax transformation across the organisation.
Tax transformation can begin in different ways. In some organisations it is triggered by regulatory change such as Pillar Two. In others it emerges during finance transformation or ERP programmes where tax requirements must be integrated into new processes and systems.
We support organisations at any point in this journey by combining tax, data and transformation expertise. Our global network of tax specialists brings together international delivery capability with deep local tax knowledge across jurisdictions.
Embedding tax into finance transformationMany tax transformation programmes begin during wider finance transformation or ERP change. Decisions made during these programmes about finance processes, system configuration and data structures can significantly affect tax reporting, tax automation and the future ability to introduce AI-enabled analytics. We help ensure tax requirements are embedded into finance transformation programmes from the beginning, reducing rework and improving reporting accuracy. |
Building the tax data foundationReliable and consistent tax data is essential for tax reporting, tax automation and advanced analytics. We work with organisations to define the tax data required for reporting, align tax data structures with finance systems and standardise information across entities and jurisdictions. This foundation enables improved tax reporting, stronger governance and the ability to introduce automation, analytics and artificial intelligence capabilities within the tax function. |
Strengthening the tax operating modelTransformation also requires changes to governance, roles and tax processes across the organisation. We support tax leaders in defining operating models that clarify responsibilities between tax, finance and other functions while embedding appropriate tax control frameworks and reporting processes. This helps ensure tax reporting remains consistent across jurisdictions while reducing manual effort and operational risk. |
Enabling automation, tax technology and AIOnce the right data foundations and governance structures are in place, organisations can unlock the value of tax automation and tax technology solutions. These foundations also enable organisations to explore emerging capabilities such as advanced analytics and artificial intelligence in tax. Our teams work in a technology-agnostic way, helping organisations maximise existing systems while introducing modern tax technology solutions where appropriate. Our tax transformation services support organisations throughout this journey, from defining the tax data foundation through to implementing automation, tax technology solutions and AI-enabled capabilities that support scalable, future-ready tax functions. |
Get in touch with our tax transformation experts today.
Tax
Insight and innovation to guide you through today’s evolving global tax landscape.
Pillar 2 GloBE
More than 140 jurisdictions have now signed up in principle to the global minimum tax framework, representing a ground-breaking plan to update key elements of the international tax system, which is no longer fit for purpose in a global and digitalised economy.
Tax control framework
Companies face an increasingly complex tax and legal environment, at both the national and international level. Transparency and documentation obligations are continually evolving and there are ongoing challenges around digitalisation to deal with.
Our experts
Fadi Ramadan Partner - Hamburg, Germany
Catherine Hall Partner - International Tax - London, United Kingdom
