How to maximize the cloud for finance and tax transformations

Episode notes

Myles Corson , EY Global & Americas Strategy and Markets Leader, Financial Accounting Advisory Services, Dave Helmer , EY Global Tax and Finance Operate Leader, and Lyn Bird, VP, Cross-Industry at Microsoft, were guests on the EY Microsoft Tech Directions podcast . Together they discuss how technology is enabling modern finance and tax transformations. Talent shortages, legislative change, and technological transformation caused by the pandemic and geopolitical uncertainty are placing unprecedented pressure on corporate finance and tax departments. In-house finance and tax specialists are tracking a growing set of requirements that crowd their agenda. These developments are increasing the workload for functions that are facing budget cuts and unparalleled skills shortages. Many businesses are co-sourcing select activities to tech-enabled finance and tax specialists. The mounting complexity of modern finance and tax systems is leading corporate finance and tax departments to pass at least some of the responsibility for routine work to outside providers.