Automating tax processes is easy and affordable due to technological advances. As a result, there are gains in productivity, reduced task execution time and improved management of the business as a whole. Despite all the benefits, it is still common to doubt whether this implementation is really worthwhile, whether it is suitable for all company sizes and whether it is financially worthwhile.

What does automation of tax processes consist of?

The automation concept is on the rise, although it has been around for a long time. But it is only now gaining momentum because many companies are benefiting from this technology and standing out in the competitive market. It is the use of systems that operate without the need for human intervention. That is, activities and processes are performed by intelligent robots that act according to the way they were programmed, but correcting failures and preventing errors. Tax automation performs tasks that are repeated in the accountant’s routine or that has a reduced added value, but need to be done. Therefore, it facilitates many processes, making the accountant able to develop more important functions, which require a greater intellect.

And why invest in automation of tax processes?

Although the benefits of taxes for independent contractors acquired by the company due to the insertion of some technological solutions are visible, automating tax processes is still a recurring question in the minds of most managers. As we mentioned, this is normal. After all, there are so many innovations emerging that it is really difficult to identify when and which ones are worth investing in.

Analyzing the accounting scenario, a large part of the delays is caused by the procedure that is to carry out the tasks manually. Time and attention are the main requirements of professionals in the field to perform these actions. Because of the large number of documents and numbers, there is a considerable amount of time spent on organizing and handling the documents, without taking the risk of letting some important information go unnoticed.

Map all company processes

It is possible to automate a series of activities using management software. Before choosing the ideal platform, it is necessary to visualize what the main needs of the company are and to identify the main bottlenecks – activities that are always late that demand a lot of execution time, that receive many complaints from customers, etc.

Prepare the company to receive the tool

The company’s culture needs to be focused on innovation through technological solutions. Therefore, with the insertion of a tool that aims to automate tax processes, it is natural that many changes happen in the processes, in the routine of professionals’ activities and even in the way in which communication is made with customers. There are several solutions to automate tax processes available on the market.