Larry Mellon, Tax Director at Vertex, discusses the risks businesses face when relying on their ERP's native tax functionality instead of a dedicated tax engine. He explains the importance of tax accuracy, compliance, and how shortcomings in these areas can lead to audit risk and affect staff allocation. Larry also highlights the role of a trusted tax engine in improving the auditor's role and optimizing staff allocation. The episode is sponsored by Vertex and integrates with Dynamics 365 F&O, Business Central, Sales, and Commerce.
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