Tax & AccountingFinanceMay 09, 2023

Automating in-house tax and accounting workflows for new efficiencies

Would you rather your team be “productive” or “efficient”?

At first glance, the two concepts can seem somewhat synonymous since they both pivot around improving output. Productivity refers to the amount of work accomplished relative to the time, money, and effort. However, efficiency refers to the ability to accomplish a task with the least time, money, and resources and intertwining it with the notion of quality. In the productivity or efficiency argument in accounting, efficiency comes out as the clear head-to-head winner.

Enhancing efficiency is also where automation shines its brightest since it provides a platform for generating more output from the same resources, all while simultaneously reducing opportunities for error. The key for introducing automation, then, comes in setting the right expectations, priming the right systems, and then equipping it all the right way.

Download this white paper to learn how to:

  • Make the case for accounting automation

  • Evaluate automation tools by asking the right questions

  • Equip your in-house team with powerful automation for increasing productivity and enhancing their work-life balance

Start your digital transformation journey for your tax and accounting workflows today!

Corporate Tax & Accounting
Streamline your tax and accounting operations, and supercharge your team’s efficiency with the expert solutions from Wolters Kluwer.
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