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The Future of Corporate Tax: Technology Paving a New Path

The Future of Corporate Tax: Technology Paving a New PathThis IDC Market Perspective provides an update on the corporate tax management software market and the progress of advanced technologies like cloud, artificial intelligence (AI), and blockchain within the market. The document provides a view of both the potential of these technologies in the tax management market and the challenges hampering the adoption of these technologies. We also provide some guidance based on IDC's assessment of the market, technology, and offerings."The corporate tax landscape is growing more and more complex. Organizations are turning to technologies like cloud, machine learning, and blockchain to maintain tax compliance amid this complexity. Tax software vendors looking to keep pace must work these technologies into their near-term product innovation road map," Kevin Permenter, senior research analyst, Enterprise Applications, at IDC.

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