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White Paper: The Cost of Moving Your Tax Processes to the Cloud
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For the indirect tax function, regardless of whether you use native ERP functionality or an integrated on-premise tax engine to calculate tax, there are both external and internal costs to consider. Total cost of ownership (TCO) is one of the most important factors to evaluate when considering a move to a cloud-based tax engine. More than a simple comparison of external fees, TCO takes a broad look at the full cost — both external and internal factors.
External costs could include third-party fees for tax content, tax engine software, servers/infrastructure costs, and hosting.
Internal costs include tax and IT staff hours required to continually update the tax content and maintain the tax technology.
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