Agility and advanced tax processes for business

The surge in demand for essentials during the pandemic shone a light on the need for retailers to adapt fast. Big lessons for navigating future disruptions were revealed. It’s more than four years since the start of the global pandemic but today’s consumer preferences and purchasing habits require retailers to apply the agility they developed in the pandemic to other developing scenarios. 

The pandemic accelerated the shift towards digital and omnichannel strategies and the tax implications are far from straightforward. 

The boom in e-commerce has not only persisted but expanded, with social media platforms like Instagram and TikTok evolving into major shopping channels. For businesses this means sophisticated digital e-commerce sales tax solutions to manage the ever-increasing complexity and fragmentation of modern retail. The omnichannel approach—spanning curbside pickup, home delivery, marketplaces, and now social media shops—demands a strategic approach to tax management and compliance. Retailers must now navigate sales tax requirements that extend beyond traditional brick-and-mortar operations. The rise of social media shops introduces yet more new channels for sales, each with its own set of tax obligations and reporting requirements.  

Empowering Businesses with Advanced e-commerce Sales Tax Solutions and Compliance Expertise. 

To manage a diverse range of sales and purchasing transactions and multiple tax authorities, e-commerce sales tax solutions must be robust. The ambition is not only continuous compliance with existing regulations but also to anticipate future changes in the tax landscape that are driven by ongoing digital transformations. 

Vertex and sales and use tax consultants DuCharme, McMillen & Associates, Inc. (DMA, Inc.) have been partners for over 25 years. Together we solve corporate tax challenges for organisations of all sizes and complexities and providing solutions to help manage their tax processes efficiently, reduce risk and achieve compliance. 

Vertex and DMA understand the essential role that a flexible and efficient tax engine plays in this environment. Future-proofing your tax solution involves integrating systems that can adapt to a retail ecosystem in constant flux. In our webcast, Peter Olanday, Vertex’s Retail Practice Leader, and Rob Colestock, DMA’s Director of Tax Technology, explore how to address modern retail challenges. They provide real-world insights into making sure your tax processes are fit for purpose today and poised to manage the complexities of tomorrow’s e-commerce tax challenges. 

Watch now to discover how to refine and reimagine your tax strategy. Embrace the opportunity to improve tax processes for business advantage. As the retail world continues to shift, your tax department must be prepared to keep pace with new developments and opportunities.