4 Reasons for Retailers to Automate the Tax Process
1. Multichannel purchases. The rise of multichannel retailing has given the retail industry much needed variety in how it engages and sells to consumers. But each channel, whether brick-and-mortar, e-commerce, catalog, wholesale or resale, comes with its own unique challenges, including sales and use tax tracking and compliance. Retailers need to have a tax practice in place that's built to handle multichannel purchases. The sheer volume of transactions means manual administration isn't the answer. Enterprise tax automation can support the need to service consumer expectations for a seamless brand experience across all channels and accurate tax calculation on everything. This includes deliveries, send sales, store returns from jurisdiction, store-within-a-store merchandising and mobile purchases for in-store pickup.
- Places:
- United States