Securities Law
Professional Legal Services
Full Credential Description
A multinational consumer product corporation faced the challenge of reducing risk while focusing its best talent on high-value work amidst rapidly evolving legislation and tax authority technological advancements. This situation presented an opportunity for the corporation to improve its processes and deliver the next generation of tax and statutory compliance, which required significant changes to their existing operations. To address these challenges, the EY Tax and Finance Operate (TFO) team engaged with the corporation through “Art of the Possible” sessions. These sessions showcased potential future directions for the corporation’s tax and finance function, emphasizing the importance of a seamless, end-to-end process enabled by technology. The EY team leveraged the EY Global Tax Platform (GTP) to guide discussions and formulate a new operational direction. Their collaboration with Microsoft further highlighted the potential for transforming processes through advanced technology. As a result of this tailored solution, the EY team successfully enhanced the long-term value of the corporation's core business. The reimagined operating model allowed the client to refocus essential resources on high-value work, positioning them to stay ahead of evolving regulatory risks, rapid technological changes, and increasing talent demands.
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