Understand the importance of having tax management software and find out how ERP can help you meet your business's tax obligations.

Entrepreneurship in Brazil is full of challenges. The large amount of tax obligations and bureaucracy are factors that make the work of most managers difficult and consume a lot of time for professionals. In this sense, the use of an ERP for tax obligations can optimize tax management and facilitate companies' monthly processes.

Also known as management software, ERPs integrate all processes related to the company in a single system, automating the performance of a series of activities and making everything faster and safer.

According to the World Bank's estimate, Brazilian companies dedicate 1,958 hours a year to complying with tax obligations. With the digitization of the Brazilian tax system, the use of good software for tax management can assist in the fulfillment of these obligations, providing greater agility, protection and precision in sending information to the Federal Revenue.

Keep reading to discover the importance of ERP in tax processes!

The new reality of the tax system

Digital transformation in the tax sphere is already a reality. And the implementation of technologies in the Brazilian tax system, such as Cloud resources, Data Analysis, Artificial Intelligence, among others, is enough to modernize and put into practice new tax collection models, with the premises of:

• Promote greater tax efficiency;
• increase the base of contributors;
• implement new collection methods to improve the taxpayer experience.

After all, in terms of tax collection, the greatest need for companies is to be able to count on a tax process that is clear, simplified and secure.

In this context of digitalization of the tax system, organizations must invest in modern and integrated tax management software that facilitates compliance with tax obligations.

But how can ERP help?

Basically, ERP is a single system that integrates all the necessary processes in a company, such as finance, Human Resources, services, production, supply chain, logistics, revenue, productivity, among others.

The most modern ERPs go further and incorporate various technologies, such as Machine Learning, Cloud system and Artificial Intelligence, to promote greater efficiency and intelligence in all aspects of the company.

With the use of ERP, all information regarding the organization's processes is registered in the system and available for consultation by managers in the form of accurate reports.

This is because the software collects and organizes the documents to be sent to the inspection bodies, according to the standards required by the tax authorities, thus speeding up the delivery of eSocial reports, electronic invoices (NF-e) and other taxes.

All issues are facilitated and optimized, simply by accessing the system and generating the document.

But that's not all!

Check out other facilities that the ERP system offers for the fulfillment of tax obligations:

• Greater agility

  The automation of processes related to tax regulations ensures greater agility and efficiency in complying with tax obligations, in addition to optimizing the work of the employee responsible for this activity.

• Time saving

  Through technology, the ERP collects and organizes the data related to the Tax Authorities, eliminating the manual work of filling in the declarations. Thus, the employee can complete the delivery of documents more easily, using the “free time” to focus on other tasks.

• More security

  The greater precision of the numbers and data collected by the software allows the issuance of even safer reports and with a lower incidence of failures, normally committed by human action.

• Reduction of fines and penalties

  All the aforementioned advantages, together with the ERP's efficiency in organizing information and forwarding documents according to the layout required by the tax authorities and within the stipulated period, reduces the company's chances of suffering fines and penalties due to possible errors.

Go On is your business partner!

The implementation of tax management software is essential for companies that want to optimize financial control and ensure compliance with tax obligations.

But for that, it is necessary to count on the ideal partner in the supply of a good ERP.

Go On Associated specializes in business management support solutions and offers excellent services that meet the different needs of your organization.

Our specialists develop the best compositions and optimizations within the JD Edwards system, enabling ERP customization according to the details of each process and area of the company.

Enjoy greater agility, integration and innovation with Go On's solutions!

Get in touch with our team and learn about our services.