- The evolving VAT landscape, driven by regulations like ViDA and eInvoicing, is shifting VAT compliance from a reactive necessity to a strategic opportunity, offering real-time data-driven insights and competitive advantages for CFOs.
- Leveraging technology in VAT delivers measurable value through improved cash flow and faster refunds, enhanced operational insights beyond just tax issues, and increased speed and agility for market expansion.
- While technology is crucial for automation and standardization, human expertise is indispensable for designing VAT logic, interpreting complexities, and defending positions during audits, highlighting the need for strong governance and viewing AI as a co-pilot, not an autopilot.
Source Fintua
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