Market Perspectives

Vertex Enhances Tax Compliance Technology

Posted by Ventana Research on Mar 17, 2022 5:00:00 AM

Indirect taxes — known variously as sales-and-use, value-added or goods-and-services tax — can get complicated, particularly in countries that have overly complex tax regimes such as Brazil, India and the United States. For example, in the U.S., state and local governments have their own statutes defining which goods are taxed and at what rates, and taxable items and rates change all the time. More recently, compliance has grown more complex with the Supreme Court’s Wayfair decision, which ruled to allow states to impose sales tax collection requirements on remote sellers that exceed a certain threshold, without regard to physical presence in that state. And now, going into 2022, sales-and-use taxes as well as VAT are likely to become more complex, and enforcement is likely to become more stringent in the wake of the pandemic.

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Topics: Office of Finance, Business Planning, Financial Performance Management, ERP and Continuous Accounting, Revenue, profitability management, digital finance, Lease & Tax Accounting

Fluence Offers Finance Streamlined Financial Close

Posted by Ventana Research on Mar 15, 2022 5:00:00 AM

Financial consolidation is the process of combining financial data (notably assets, liabilities, income and expenses) from multiple subsidiaries’ general ledgers across an organization for the purpose of creating a parent company report. The current reality for financial consolidation and close processes is that many organizations still rely on manual spreadsheets, which can lead to longer closing periods, errors and confusion. According to SVP & Research Director in the Office of Finance Robert Kugel’s Best Practices, “Finance organizations must apply digital technology to reduce time spent on repetitive tasks to accelerate processes, improve data quality and shift focus to forward-looking analytical work.” Luckily, digital finance software companies have come a long way and now offer a variety of different products to significantly improve Office of Finance operations and workflow.

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Topics: Office of Finance, Business Planning, Financial Performance Management, ERP and Continuous Accounting, Revenue, profitability management, digital finance, Lease & Tax Accounting

Infor is Innovative Vendor in the 2022 Business Planning Value Index

Posted by Ventana Research on Mar 11, 2022 5:00:00 AM

Ventana Research is sharing insights about Infor, drawn from our latest Value Index research, which assesses how well vendors’ offerings meet buyers’ requirements. The 2022 Ventana Research Value Index: Business Planning is a distillation of a year of market and product research efforts.

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Topics: Office of Finance, Business Planning

Unit4 is a Vendor of Merit in the 2022 Business Planning Value Index

Posted by Ventana Research on Mar 10, 2022 5:00:00 AM

Ventana Research is sharing insights about Unit4, drawn from our latest Value Index research, which assesses how well vendors’ offerings meet buyers’ requirements. The 2022 Ventana Research Value Index: Business Planning is a distillation of a year of market and product research efforts.

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Topics: Office of Finance, Business Planning

Planful is a Vendor of Merit in the 2022 Business Planning Value Index

Posted by Ventana Research on Mar 9, 2022 5:00:00 AM

Ventana Research is sharing insights about Planful, drawn from our latest Value Index research, which assesses how well vendors’ offerings meet buyers’ requirements. The 2022 Ventana Research Value Index: Business Planning is a distillation of a year of market and product research efforts.

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Topics: Office of Finance, Business Planning

Prophix is a Vendor of Merit in the 2022 Business Planning Value Index

Posted by Ventana Research on Mar 8, 2022 5:00:00 AM

Ventana Research is sharing insights about Prophix, drawn from our latest Value Index research, which assesses how well vendors’ offerings meet buyers’ requirements. The 2022 Ventana Research Value Index: Business Planning is a distillation of a year of market and product research efforts.

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Topics: Office of Finance, Business Planning

insightsoftware is Vendor of Merit in Business Planning Value Index

Posted by Ventana Research on Mar 7, 2022 5:00:00 AM

Ventana Research is sharing insights about insightsoftware, drawn from our latest Value Index research, which assesses how well vendors’ offerings meet buyers’ requirements. The 2022 Ventana Research Value Index: Business Planning is a distillation of a year of market and product research efforts.

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Topics: Office of Finance, Business Planning

Vena Solutions is Vendor of Merit in 2022 Business Planning Value Index

Posted by Ventana Research on Mar 4, 2022 5:00:00 AM

Ventana Research is sharing insights about Vena Solutions, drawn from our latest Value Index research, which assesses how well vendors’ offerings meet buyers’ requirements. The 2022 Ventana Research Value Index: Business Planning is a distillation of a year of market and product research efforts.

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Topics: Office of Finance, Business Planning

Workday is a Vendor of Assurance in the Business Planning Value Index

Posted by Ventana Research on Mar 3, 2022 5:00:00 AM

Ventana Research is sharing insights about Workday, drawn from our latest Value Index research, which assesses how well vendors’ offerings meet buyers’ requirements. The 2022 Ventana Research Value Index: Business Planning is a distillation of a year of market and product research efforts.

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Topics: Office of Finance, Business Planning

Wolters Kluwer is Vendor of Assurance in Business Planning Value Index

Posted by Ventana Research on Mar 2, 2022 5:00:00 AM

Ventana Research is sharing insights about Wolters Kluwer, drawn from our latest Value Index research, which assesses how well vendors’ offerings meet buyers’ requirements. The 2022 Ventana Research Value Index: Business Planning is a distillation of a year of market and product research efforts.

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Topics: Office of Finance, Business Planning