Digital Transformation

How to Build a Potent AI Strategy?

Generative AI, a branch of Artificial Intelligence forecasted to reach a $1.3 trillion market by 2032 according to Bloomberg, entices every business leader. However, tapping into this opportunity requires a robust AI strategy. This piece highlights key steps crucial for unlocking the full potential of AI. Every business function is now scrutinizing its processes, aiming […]

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How to Avoid Pitfalls in the Cloud?

Navigate the cloud landscape strategically, mitigating potential pitfalls in security, performance, and operations to successfully utilize the potential of the cloud bolstering scalability, flexibility, and agility in a rapidly evolving business environment. Navigating the cloud landscape requires a strategic and well-informed approach to avoid potential pitfalls that can compromise security, performance, and overall operational efficiency. […]

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Decoding Tomorrow: Technologies Poised to Transcribe the Future of Tax Practice

Traditional tax processes are being revolutionized by innovative technologies such as AI, blockchain, cloud computing, and RPA, offering streamlined, accurate, and real-time solutions. Embracing these advancements is a strategic necessity, positioning tax practitioners for a future focused on agility and adaptability in the dynamic economic landscape. Traditional tax processes are time-consuming, error-prone, and burdensome due […]

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8 Challenges SMBs Face in an Evolving Tax Environment

Tax regulations and compliance are getting more complex and challenging. SMBs must keep abreast and face the changing tax landscape by embracing tax technology to streamline their tax processes and improve efficiency. A report published in 2020 by the Finance Corporation and the World Bank Group stated that Small and Medium Businesses constituted 90% of […]

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A Sound Strategy to Leap from Digital Transformation to Digital Dominance

As the world shifts towards a digital-only era, businesses must speed up their transformation efforts. They need solid strategies to meet the needs of digital-savvy people and reach a position of digital dominance. Listed below are factors essential to creating a sound strategy that can help businesses leap from digital transformation to digital dominance. It’s […]

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6 Steps to Embrace Intelligent Process Automation

Intelligent Process Automation has become a must-have capability for businesses to cope with the constantly evolving demands for agility, precision, consistency, flexibility, and scalability. Businesses that wish to derive the maximum value out of their IPA investments need to ensure that their IPA implementations are designed and deployed correctly. Automation has become a pressing mandate […]

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Top Technologies Powering Intelligent Process Automation and Their Use

Demand for agility, flexibility, and scalability is driving businesses to embrace Intelligent Process Automation across functions and processes. This foray into integrating IPA to drive intelligent automation is powered by a combination of technologies such as Natural Language Processing, Machine Learning, Computer Vision, Cognitive Automation, Process Mining, Predictive Analytics, and Cloud Computing. Digital transformation is […]

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How Microservices Can Act as Propellers for BFSI

Microservices-based architecture can help the Banking Financial Services and Insurance industry expedite its digital transformation efforts helping drive scalability, agility, and security besides powering integration, modularity, maintainability, performance, and resilience. Digital transformation has become an unavoidable urgent mandate for BFSI owing to the changing market dynamics and preferences. Legacy systems and monolithic architectures have often […]

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How AI can Boost Design Thinking

AI can boost design thinking by making it more analytically-driven, collaborative, and user-centric, resulting in greater impact and success. Imagine a world where creativity knows no bounds, where innovation flourishes, and where problem-solving reaches extraordinary heights. Welcome to the exhilarating realm where Artificial Intelligence (AI) and design thinking collide. This dynamic fusion is revolutionizing the […]

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5 Must Have Capabilities Your Tax Technology Provider Should Possess

Tax leaders are facing significant challenges and ambiguity in today’s rapidly evolving global tax climate owing to the frequently changing global and local tax reforms such as – OECD, BEPS 2.0, new EU tax regulations or the changing regulations in the US tax regime. Tax departments have to always be on their toes and keep […]

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