12 June 2018 Reimagining the tax and finance function This study, attached below, of senior executives from 1,722 large organizations around the world indicates that 84% of companies are taking action due to deficiencies in their current target operating model. It demonstrates how the tax and finance function generally is struggling to keep up with digital advances, a push toward transparency and global reforms of the international tax system. The survey was conducted by Euromoney Institutional Investor Thought Leadership. It includes respondents from 63% of the Forbes Global 500 largest public companies, indicating organizations recognize they need to be bold and innovate their tax and finance function to successfully manage these pressures and deliver value in an era of cost reduction. But it also shows many are struggling to find the right solution. Document ID: 2018-1192 |
