Driving tax department efficiency and minimizing compliance risks with global tax reporting.
How JLL uses Thomson Reuters ONESOURCE to reduce workloads by over 60%.
For global organisations like JLL, not being compliant, not having oversight, not having the right controls in place, can lead to fines, impact cash flow and ultimately damage the company’s reputation. Being able to confidently control all aspects of JLL’s tax reporting process was a key concern, and one that became more complicated as the company evolved.
Initially, tax reporting was being managed on an in-country basis, but as the company grew, there was a need to centralise operations, creating more efficient procedures and better oversight over how returns were being managed and standardised across the world.
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