Every transaction tells a story, and the best ones tend to feature surprising plot twists. When it comes to a procurement group’s increasingly strategic and data-driven narrative, unforeseen indirect tax risks linked to purchasing transactions can trigger unpleasant developments that hinder procurement efficiency and impede its transformation progress.
As a result, procurement leaders and their counterparts in the tax group should keep the following points in mind:
Following this logic can empower tax teams to manage the organization’s tax-compliance story while procurement groups remain laser-focused on enhancing their value proposition.
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