Worldwide Corporate Tax Management Applications Forecast, 2023-2027: Digital Invoicing Adding Complexity to Tax Compliance

This IDC study examines the market for corporate tax management applications."Businesses that are aggressive about using modern platforms equipped with advanced technologies like artificial intelligence, robotic process automation, and cloud-native architectures will have greater agility and flexibility to adapt as the global tax regulatory landscape continues to evolve and shift into the future," said Kevin Permenter, research director, Financial Applications at IDC.

IDC Market Forecast Figure

Executive Summary

• Digital Invoicing Mandates Expanding

Advice for Technology Suppliers

Market Forecast

Market Context

• Drivers and Inhibitors
  • Drivers
    • Digital Transformation
    • Convergence
    • Automation
  • Inhibitors
    • The Russia-Ukraine War
    • Inflation
• Significant Market Developments
• Changes from Prior Forecast

Market Definition

Methodology

• Historical and Forecast Market Values and Exchange Rates

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