How multichannel retail multiplies sales tax challenges and why tax automation is the solution

The retail industry continues to innovate for success and omnichannel strategies, blending physical stores with digital services, are a key strategy. This shift was accelerated by the COVID-19 pandemic, forcing retailers to create an online presence. The goal now is to provide customers with seamless experiences across all channels, including options like buying online and picking up in-store. Successful retailers are using advanced data and analytics technologies to integrate online and in-store experiences which means new challenges for tax management.  

5 reasons to read our retail white paper: Multi-Channel Math: How Retail Sales Tax Complexity Adds Up

Omnichannel Tax Challenges

The rise of omnichannel strategies, accelerated by the pandemic, complicates retail sales tax. Discover how retail tax software solutions can help you navigate the complexities of managing taxes across physical and digital channels. Gain valuable online sales trends insights and understand how these trends impact your tax management and why retail sales tax software is a must for staying compliant.

Personalisation meets compliance

How advanced data and analytics technologies are helping retailers bridge the gap between online and in-store experiences. Learn how automated retail sales tax software solutions can also streamline your tax functions, ensuring seamless retail sales tax compliance.

Complex retail sales tax rules

Businesses expanding into online markets and cross border trade face new and different sales tax and VAT challenges. Our whitepaper considers how automated tax solutions simplify the process, even when selling through online marketplaces and under ever increasing from scrutiny from tax authorities.

Strategic tax management

Discover how integrating tax functions earlier in the decision-making process can inform strategic choices and streamline operations. Understand how taking a proactive approach to tax planning can help optimise revenue, reduce costs, and enhance organisational flexibility, shifting the focus from reactive audit defence to strategic growth.

Future-proof your tax strategy

Learn how an automated tax solution can help retailers integrate online and offline experiences while addressing complex tax considerations for long-term success and compliance. Explore how adopting an innovative automated tax solution can simplify retail tax handling, improve accuracy, and supporting long-term strategic planning in the retail industry.

For more insights on retail sales tax download our whitepaper today.