White Paper

Transforming Healthcare Tax Compliance: A Modernization Blueprint

Transforming Healthcare Tax Compliance: A Modernization Blueprint

Pages 6 Pages

This white paper examines the growing complexity of indirect tax compliance in the healthcare industry and outlines a modernization roadmap to improve accuracy, efficiency, and resilience. It explains how definition-driven tax rules, frequent rate changes, exemptions, and audit risks create significant operational strain for healthcare organizations with thin margins. The paper presents a business case for modern tax automation by highlighting five key considerations, including overpayment recovery, time savings, audit risk reduction, technology modernization, and access to AI-driven capabilities. It also shares leading practices from Workday, Vertex, and KPMG, emphasizing early tax involvement in ERP initiatives, comprehensive testing, and exemption management. Case examples demonstrate h

Join for free to read