Is your company struggling with multiple tax systems and wasted time?
As a multinational software company, Adobe faced numerous challenges in managing its indirect tax processes. The company relied on multiple disparate tax systems for U.S., international, and e-commerce-related taxes, leading to inefficiencies and wasted time. To make matters worse, the European Union’s tax jurisdiction changes for e-commerce companies in 2015 presented a “perfect storm” of tax challenges. Instead of being overwhelmed, Adobe used this as an opportunity to transform its indirect tax processes.
Under the leadership of Brian Gardner, Adobe’s Director of Global Indirect Tax, the tax department embarked on a journey to develop a business case for a single, global platform for managing indirect tax. The result was the implementation of ONESOURCE™ Determination, which not only achieved compliance but also reduced unnecessary tax management costs and provided significant time savings. The success of this transformation elevated the value of the tax department as a trusted partner to senior leadership within Adobe.
In this case study learn how Adobe overcame tax challenges and transformed their indirect tax processes with ONESOURCE Determination.