- Four Levels of Compliance: The author outlines four distinct levels of compliance for retailers and POS software vendors, ranging from Level 1 (Reactive) where compliance is a last-minute burden, to Level 4 (Strategic) where compliance becomes a value-adding capability that enhances global operations.
- Challenges at Each Level: At Level 2 (Fragmented), compliance efforts are inconsistent and localized, leading to higher risks and costs. Level 3 (Connected) sees improvements with global thinking, but full harmonization is still lacking.
- Aim for Strategic Compliance: Retailers and POS vendors are encouraged to aspire to Level 4, where compliance supports innovation and operational efficiency, ultimately fostering rapid expansion and competitive advantages. The author’s book, The Fiscalization Compliance Maturity Model, provides a roadmap for achieving this transformation.
Source Darko Pavic
Click on the logo to visit the website
Latest Posts in "World"
- What Is a VAT Invoice and Why Is It Important?
- VAT Technology Transformation: Digital Compliance Strategies for 2025 and Beyond
- VAT Considerations in Toll Manufacturing: Classification of Supplies
- VATupdate Newsletter Week 41 2025
- ecosio Webinar – Getting Started with Peppol: What You Need to Know (Dec 4)
