The Future of Tax Departments

Digitization and globalization have led to a social, cultural, and political shift in all areas of public life including taxes. What is considered necessary and...

27 Jun 2021 Avichal S

Fintech White Papers has a repository of the latest Fintech white papers from leading organizations and players in the industry. Download our fintech whitepapers to stay informed about the latest developments in financial services and technology world.

Understanding fintech

Fintech is a broad term used to refer to technology and innovations that aim to update, and in some cases replace, traditional means of delivering financial services. As new technologies emerge all areas of business are impacted. Financial services are required around the world by all industries. New innovations make it possible to dispense financial services more quickly and effectively than before. Some areas that you can learn about from our white papers in fintech are:

Tax Compliance Fintech Whitepapers

Anyone who has filed taxes will know that it can be a complicated process. Tax compliance can be very complex for businesses. As there are new technologies and services emerging, governments around the world are continually changing their regulations and compliance requirements. To keep up with this demand and to simplify tax filing and remittance, new services are emerging. These services make use of technology in a variety of ways to simplify tax filing. From automation in tracking tax liabilities to platforms that allow for quick calculations. For example, read Avalara’s Communication Tax Survival Guide that can help communication service providers deal with their tax compliance more effectively.

Fintech Whitepapers on Financial Planning

Financial planners have to analyze and gain insights from a large volume of data. Technology can provide them with the tools necessary to gain valuable insights from this data and make more informed decisions. Fintech service providers have introduced software for Corporate Performance Management that make Integrated Financial Planning (IFP) possible. This has made it easier for CFOs to make more accurate predictions for future expenses and create effective budgets. Read more about IFP in our white paper Cross company financial planning for CFOs and Controllers

Electronic Signatures for faster processing

As companies move away from costly paper-based processes and embrace digitalization, electronic signatures are becoming more common place. Today businesses can choose to share agreements, contracts and invoices electronically. Electronic signatures make it possible for these to be acknowledged, confirmed and signed electronically. Without the need to every print a paper copy. These signatures are legally binding and secure. E-signs have helped reduce the turnaround time for many processes and have made it possible for businesses to work with one another more quickly without the need to wait for signatures on paper documents. Read our whitepaper Why It Pays to Use an Electronic Signature to learn more about the advantages of electronic signatures.

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