119 saw measurable returns on investment, from reduced compliance costs to fewer errors and improved team productivity. By automating routine compliance activities, businesses were able to reallocate resources to more strategic initiatives, while also reducing the likelihood of costly penalties. The study highlights not just operational efficiencies, but also the strategic benefits of using Avalara’s platform as a trusted compliance partner. The future of tax and compliance is not just about keeping up with regulations, it’s about staying ahead of them. By investing in AI and automation, businesses will proactively adapt to new rules, emerging technologies, and shifting customer expectations. Among the most significant benefits is the increased speed of operations. Automation accelerates compliance tasks, ensuring businesses can keep pace with fast-changing markets. Simultaneously, AI-driven classification and validation reduce human error, minimising audit risk. There is also a considerable increase in efficiency, as integrated solutions free teams from manual work, driving down costs while increasing scalability. As governments introduce more real-time reporting requirements, stricter audit rules, and increasingly complex tax regimes, tax and compliance leaders are under pressure to ensure accuracy while containing costs. This is not just about solving today’s challenges, but building a resilient compliance strategy for tomorrow. Vsu Subramanian is senior vice president of engineering at Avalara DYNAMICS 365 Photo: iStocl/peshkov
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