Dr. Benedikt Fürst
The two areas of Tax Technology and Finance Transformation go hand in hand. The use of tools and digital solutions, the optimization, standardization and automation of processes in tax and accounting require a view from both sides - specialist staff and IT specialists. The standardization of processes or individual tasks across departments leads to significant efficiency gains.
Tax accounting as a commercial law concept and as an interface between accounting and tax regulations, often leads to bottlenecks in the preparation of financial statements. Here in particular, a deep examination of corporate processes is necessary, as different areas work closely together to calculate, measure and report on deferred taxes. This offers a wide range of opportunities for the use of technology and for transformation.