4 Reasons for Retailers to Automate the Tax Process
By
Nancy Rieti
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4. Avoid high cash reserves. A retailer's sales tax error can leave them facing potential tax compliance issues and out-of-pocket expenses. Challenged retailers face an unnecessary drain on profits in order to cover audit risk and exposure. The certainty an automated tax technology provides means the need for cash reserves is reduced or eliminated, thus benefitting a retailer’s bottom line.
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