Robotic Process Automation enhances the effectiveness of the tax function

Companies are constantly working to improve and enhance the effectiveness of their operations. In our most recent report, the focus is how Robotic Process Automation (RPA) can be used to automate activities which would otherwise be executed manually within the tax function.

PwC’s report, ”Robotic Process Automation (RPA) – What Tax needs to know” is the eighth report in PwC’s report series – Tax Function of the Future. This report serie investigates what the tax function of the future will look like and outlines the methods to be applied in changing today’s tax functions so that they comprise a strategic asset in the company’s future operations.

In this report, we see how RPA continues to develop new trends and incur a greater impact on the tax function and its processes. RPA can have a significant impact on the tax function through the possibility of reducing costs and placing the focus on executing activities creating value for the operations, and which can lead to the further development and skill enhancement of the personnel. The reports also describe the importance of the tax function’s understanding of how RPA can be used in the operations.