Ecommerce sales have grown in record numbers over the past few years, heavily fueled by the pandemic. As retailers seek additional channels to reach customers, internal accounting systems grow more complex and extra care must be taken to accurate aggregate data for compliant financial reporting.
In this session our speakers explain how sales tax technology has helped retail organizations refocus on growth strategies, while spending less time on compliance.
They cover different use cases for sales tax technology, calling out:
- Challenges for retail customers, including the proper treatment of returns and considerations for operating multiple sales channels
- Critical components for vendor selection, such as system uptime, scalability and open communication
- Business goals achieved with automation tools
