The substantial value e-commerce capabilities deliver to a business comes with a cost—heightened compliance complexity and risk. The good news is that this complexity can be managed with the right solution and integrations.
Relying on the tax compliance features within e-commerce solutions and platforms can result in inaccurate tax determination and calculations. These errors can lead to tax underpayments or overpayments, which can trigger audit penalties as well as cash flow management hiccups. Tax calculation errors can also impede the efficiency of online checkout processes and degrade the customer experience.
This white paper explores how you can sidestep these negative outcomes and mitigate these risks by optimizing what you already have in place with Vertex O Series. Fully leveraging the O Series as the centralized tax compliance solution across all e-commerce transactions and systems not only establishes consistency and accuracy—it also instills greater confidence in the tax group.
Comments are closed.