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The Role of Technology in CPG Innovation: Trends, Strategies, and Tax Compliance

  • CPG manufacturers are delivering a wider variety of services to customers
  • Customers prefer online purchases with minimal assistance from sales staff
  • Cloud-based solutions are becoming the new standard for efficiency and cost reduction
  • Tax and reporting requirements are becoming increasingly complex for businesses
  • CPG manufacturers are globalizing and integrating cloud-based technology for scalability and flexibility
  • Tax obligations should be incorporated into all facets of CPG operations
  • Composable technology can help navigate challenges and provide flexibility and cost efficiencies
  • Personalized commerce experiences can enhance customer satisfaction and loyalty
  • These strategies can enable CPG manufacturers to thrive in the digital era.

Source: vertexinc.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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