Legal Services
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 within its tax and finance operations. The evolving landscape of legislation and regulations, coupled with advancements in tax authorities' technology, heightened the risk of controversy and necessitated a significant transformation in their processes. To address these issues, 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 need for a seamless, end-to-end process enhanced by technology. The EY team leveraged the EY Global Tax Platform (GTP) to guide discussions on future transformations, demonstrating their capability to anticipate rapid changes in tax technology and shape those changes through their own advancements. The collaboration with Microsoft further illustrated the potential for a more integrated approach to tax operations. 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.
Qualifications & Expertise
Leading international law firm with verified case studies