The Tax Man Gets Invasive

The proliferation and lack of standardization of real time tax reporting and e-invoicing schemes is challenging the decentralized systems and operations models prevalent in many large organizations. The challenges are especially acute in organizations that have mixed vendor systems of record or are highly acquisitive. This article will survey the landscape from both the government requirements perspective and the systems architectures being adopted to address these challenges. It will end with a prediction on what’s next in a world where governments are focused on more data faster.