** Prepare your company for tax reform with advanced technology **

summary
Tax reform in Brazil will bring significant changes to corporate tax administration, and technological solutions such as automation and specialized platforms, such as Engineering Brasil’s smart tax platform, are essential to ensure efficiency, compliance and reduce operational risks.

The tax reform, considered the most comprehensive in recent decades in Brazil, will enter a testing phase at the beginning of next year and should transform the financial and tax management of companies. Technology is a great ally for businesses to prepare for this transitional moment. In this scenario, organizations that invest in automation are already ahead of the curve, reducing operational risks, increasing efficiency and ensuring greater compliance with new legal requirements.

Rodrigo Felix, Tax Product Manager at Engineering Brasil, part of the Engineering Group, a global IT and consulting company, explains that the use of technological solutions is useful to keep the complexity of tax processes at bay and prepare companies for this new reality.

“Tax reform will require a complete review of tax processes, and companies with updated and automated systems will be in a more advantageous position. Solutions such as the Smart Tax Platform, from Engineering Brasil, provide information, traceability and governance, reducing operational effort and increasing information accuracy,” says the CEO.

Technology as an ally for tax compliance

The Smart Tax platform is a real example. Developed by Engineering Brasil, the platform currently serves more than 5 thousand CNPJs across the country. The tool integrates and automates tax processes, ensuring transactions are up to date and in compliance with Brazilian legislation, as well as connecting locally to different SAP environments (ECC, S/4HANA, TDF, DRC).

Felix comments that the arrival of tax reform requires a review of operational models and strategic approaches to tax administration. Tax classification, tax calculation and additional liabilities are processes that increase the risk of errors and penalties if kept manual or separate.

“Organizations that wait for last-minute action tend to pay more, whether in the form of fines, redundancies, loss of efficiency and cessation of operations. Digital transformation in the tax field is no longer a competitive differentiator and has become an urgent need,” reinforces the Executive.