As per market predictions, the tax technology market is set to witness significant growth this decade – the combined effect of countries developing more advanced tax systems and growing digitalization of the tax industry. Spearheading this growth is the rapid adaptation of cutting-edge tax strategy software and accounting practice management programs by tax authorities around the globe.
Tax software providers are constantly tweaking and improving their products to improve their performance and keep up with the way tax consultancies and accountants work. The new-age tax technology solutions providers incorporate state-of-the-art technology to enable the smooth handling of taxes across a globalized economic system. Incorporating ongoing trends like increasing adoption of cloud-based accounting software, accounting automation, system integrations, real-time reporting, and smart data analytics into their solutions, numerous tax technology vendors are ensuring that accounting professionals are ready to take on the biggest challenges in their fields.
Clearly, tax firms and consultants looking to implement the latest tax technology solutions have a vast plethora of options to choose from. To assist companies in choosing the appropriate tax technology suited for their specific needs, a distinguished panel of CEOs, CFOs, CIOs, VCs, and other thought leaders from the industry, along with the editorial board of CFO Tech Outlook, has selected the leading providers of cutting-edge tax tech solutions looking to offer their expertise to the widest market possible.
In this edition, we present CFO Tech Outlook’s ‘Top 10 Tax Tech Solution Companies in Europe - 2021.’