Transforming Businesses with Accounts Payable Automation: Tips and Strategies Uncovered!
Companies continue to seek innovative ways to improve their process efficiencies and cost. In terms of handling accounts payable (AP), businesses are now shifting from manual processes to automated platforms to better address the risks of failures and errors which can significantly affect the production time, cost, and flow.
However, successful AP automation is not complete unless it accounts for tax compliance. The intensifying trend towards the digitization of tax when coupled with an ever-changing regulatory environment where business now have substantially expanded collection responsibility, requires businesses thoughtfully assess the effectiveness of their self-assessment and vendor invoice validation processes. Without a robust and automated invoice tax validation solution, companies will leave themselves exposed to substantial tax overpayments as well as expanded audit liability.
Join a panel of key thought leaders and practitioners assembled by The Knowledge Group as they provide the audience with an in-depth discussion of the latest AP tax automation trends and developments which AP leaders can apply to their organization. Speakers will dig deeper as they present the best practices and practical tips to help them manage their tax compliance as part of AP automation.
Key topics include:
- The importance of A/P tax automation in the era of digital tax.
- How Real Business Transformation Should Look Like
- What to Look for When Selecting an Automated Solution
- Best Practices and Practical Tips
Charles Maniace, Vice President of Regulatory Analysis & Design
Jordan Meeks, Senior Sales Engineer for Enterprise Sales and Use Tax Solutions
- The Wayfair Decision and the A/P Challenge
- The proliferation of economic nexus across the country
- The risk and impact of A/P inaccuracy
- Addressing the AP Challenge through tax automation
- Real time
- Best practices in choosing a technology provider
- AP automation success stories
Who Should Attend:
- Chief Financial Officers
- Accounts Payable Administrators
- VPs and Directors of Finance
- VPs and Directors of Accounting
- Certified Public Accountants
- Finance Controllers
Charles is the Vice President of Regulatory Analysis & Design at Sovos, a leading global provider of software that safeguards businesses from the burden and risk of modern tax. An attorney by trade, Chuck leads a team of attorneys and tax professionals responsible for all the tax and regulatory content that keeps Sovos customers continually compliant. Over his 15 year career in tax and regulatory automation, he has provided analysis to the Wall Street Journal, NBC, Yahoo! Finance, Politico, USA Today, Entrepreneur and more.
Charles is the Vice President of Regulatory Analysis & Design at Sovos, a leading global provider of software that safeguards …
Jordan is a Senior Sales Engineer for Enterprise Sales and Use Tax solutions. Jordan works directly with customers to understand their challenges and requirements, and present tailored solutions that will meet their needs.
Jordan is a Senior Sales Engineer for Enterprise Sales and Use Tax solutions. Jordan works directly with customers to understand …
Print and review course materials
Method of Presentation:
General knowledge of accounts payable (AP) management
NY Category of CLE Credit:
Law Practice Management
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Sovos is a leading global provider of software that safeguards businesses from the burden and risk of modern tax. As governments and businesses go digital, businesses face increased risks, costs and complexity. The Sovos Intelligent Compliance Cloud is the first complete solution for modern tax, giving businesses a global solution for tax determination, e-invoicing compliance and tax reporting. Sovos supports 5,000 customers, including half of the Fortune 500, and integrates with a wide variety of business applications. The company has offices throughout North America, Latin America and Europe. Sovos is owned by London-based Hg. For more information visit www.sovos.com and follow us on LinkedIn and Twitter.