Tax and finance transformation programmes

The drive to find cash and efficiency savings and to integrate diverse business and finance functions following a merger or takeover (especially where this involves multiple jurisdictions and diverse business sectors) is leading to increasing number of businesses undertaking finance transformation programmes.

These programmes can cover a broad spectrum of activities including implementation of a new ERP (Enterprise Resource Planning) system (such as SAP Oracle PeopleSoft) finance process improvements business model enhancements establishment of a Shared Service Centre or post-merger integration changes.

The demand from the Board for strong return on investment for such programmes has never been greater. The contribution that the tax can make to improving that return both in cash and efficiency terms is significant and should be one of the key considerations as part of any Finance Transformation.

The need for high quality tax solutions

Including tax within...