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Why Tax Departments Should have Integrated ERP and Software Systems

Venue

This is a virtual event, accessible online and over the phone. Access instructions will be provided after registration.

Description

Tax departments increasingly face data management challenges, from high volumes of data in varied and inconsistent formats to complex business logic required to move data from source to destination, and all the while many continue to manipulate data manually which is time-consuming and error prone. On top of that, regulatory changes implemented with the CARES Act passage and those anticipated under President Biden’s tax plan highlight the need for tax & accounting systems to be prepared for anything, yet many of them are not. These challenges in large part stem from having systems that are not integrated with the company’s ERP tools or compliance software, requiring manual data entry to synchronize all tax data. Join Bloomberg Tax & Accounting to learn how these challenges can be effectively managed with the right tools and system integrations in place.
 

Learning Objectives:

  • Understand how integrated ERP systems and software can benefit tax departments
  • Identify areas in your tax process that are at risk
  • Learn the types of tools that will help you mitigate risk and manual data entry
  • Gain insight into how integrations can help manage regulatory changes


Audience:

This program is designed for c-suite executives, directors, and managers within corporate tax and accounting departments.

Presenters

Aidan Reilly-Seivert
  • Senior Product Manager - Software
  • Bloomberg Tax

Aidan Reilly is a Senior Product Manager for Bloomberg Tax & Accounting. He is responsible for integration efforts across the software product suite. Prior to Bloomberg Tax & Accounting, Aidan was a Director at Folio Financial where he built an API connectivity product line and worked with other broker dealer technology departments.

Ryan Sheehan
  • Senior Product Lead - Software
  • Bloomberg Tax

Ryan Sheehan is a Senior Product Lead for Bloomberg Tax. He is responsible for Bloomberg Tax's Fixed Assets corporate tax products. Prior to Bloomberg Tax, Ryan was a CPA at KPMG’s Washington D.C. Metro office in the Business Tax Services practice.

Continuing Education

Credits:
1.2 CPE
Practice Areas:
Field of Study -Taxes
Level:
Any
Production Date:
06/03/2021