Me on my way to the CFO to ask for tax budget, but the ERP team is at the table

In-house tax teams face a constant battle for budget allocation 💸⚔️. Despite the growing complexity and risks in the tax landscape, securing necessary resources remains a challenge.

Within the CFO Office, competing priorities like accounting, FP&A, treasury, and ERP migrations battle for attention and funding. Tax often struggles to stand out amidst these demands, except in times of major risk exposure.

The key to securing the needed budget? A compelling business case 🎯.

Demonstrate to the CEO the return on investment, emphasizing cost savings, operational efficiencies, and risk mitigation. Highlight as well the role of tax in supporting business growth and operational excellence. Because yes, tax is more than a “below the line” item!

By the way, we have a great whitepaper for all in-house tax leaders who are looking at material that could help them convince their CFO to allocate more budget towards tax 🔗: