Procurement and Indirect Taxes 101: A primer to promote smoother transformation

Procurement and Indirect Taxes 101: A primer to promote smoother transformation

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The future of procurement has never looked brighter. Armed with digital procurement platforms, agile operating approaches, advanced analytics, and other cutting-edge tools, “leading procurement organizations … are moving into the future with a focus on innovation, supplier and customer relationships, and a decentralized operating model to support the business.” Yet, clouds lurk on the horizon even if many procurement professionals may not spot them: indirect tax risks lie in wait throughout most procure-to-pay (P2P) processes.

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