Reliant on the business
Just as good data can make any tax team's job easier and more efficient, incomplete or substandard information can hold up transformation and undermine tax solutions. The big issue is tax teams often have little direct control over the data coming in from finance, sales, logistics and other parts of the business.
In theory, this shouldn’t be a problem. Tax can have an important and influential role up-front across the whole data strategy - setting and monitoring supply agreements and quality criteria for the data supplied by the business. In practice, there are frequent gaps, errors and inconsistencies in the inputs, but little incentive for business teams to sort out the issues at source. As a result, tax teams spend far too much of their time cleansing, compensating and manipulating the base data.