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VP of Finance

Manage tax planning and compliance coordination

Enhances◐ 1–3 years

What You Do Today

Coordinate with tax advisors on planning strategies, ensure timely filing of returns, and manage the tax provision for financial statements. Identify tax optimization opportunities.

AI That Applies

AI-assisted tax calculation and provision automation, with scenario modeling for tax planning strategies across jurisdictions.

Technologies

How It Works

The system monitors regulatory data sources — rule changes, enforcement actions, and compliance records. The processing layer applies the appropriate analytical models to the structured data, generating scored outputs that surface the most actionable insights. The output is a recommended plan or schedule that accounts for the identified constraints and optimization criteria.

What Changes

Tax compliance calculations become more automated and less error-prone. Provision computation that used to take weeks can be done in days.

What Stays

Tax strategy — structuring transactions, managing audits, and navigating the intersection of tax law and business decisions — requires specialized expertise.

What To Do Next

This section won't tell you what your numbers should be. It will show you how to find them yourself. Every instruction below produces a real, verifiable result in your organization. No benchmarks, no projections — just the steps to build your own evidence.

1

Establish Your Baseline

Know where you are before you move

Before adopting AI tools for manage tax planning and compliance coordination, understand your current state.

Map your current process: Document how manage tax planning and compliance coordination works today — who does what, how long it takes, where the bottlenecks are. You need this baseline to measure improvement.
Identify the judgment points: Tax strategy — structuring transactions, managing audits, and navigating the intersection of tax law and business decisions — requires specialized expertise. These are the boundaries AI won't cross.
Assess your data readiness: AI tools for this area need data to work. Check whether your organization has the historical data, integrations, and data quality to support Thomson Reuters ONESOURCE tools.

Without a baseline, you can't measure whether AI actually improved anything. You'll adopt tools without knowing if they're working.

2

Define Your Measures

What to track and how to calculate it

Time per cycle

How to calculate

Measure how long manage tax planning and compliance coordination takes end-to-end today, then after AI adoption.

Why it matters

The most visible improvement is speed. If AI doesn't save time, question whether it's adding value.

Quality of output

How to calculate

Track error rates, rework frequency, or stakeholder satisfaction scores before and after.

Why it matters

Speed without quality is just faster mistakes. Measure both.

When to check: Check after 30 days of consistent use, then quarterly.
The commitment: Give new tools at least 30 days before judging. The first week is always awkward.
What NOT to measure: Don't measure AI adoption rate as a KPI. Adoption follows value — if the tool helps, people use it.
3

Start These Conversations

Who to talk to and what to ask

your board chair or lead independent director

How would we know if AI actually improved manage tax planning and compliance coordination — what would we measure before and after?

They shape expectations for how AI appears in governance

your CTO or CIO

If we automated the routine parts of manage tax planning and compliance coordination, what would the team do with the freed-up time?

They own the technology infrastructure that enables AI adoption

a peer executive at a company further along on AI adoption

What would have to be true about our data quality for AI to work reliably in manage tax planning and compliance coordination?

Their lessons learned are worth more than any consultant's framework

4

Check Your Prerequisites

Confirm readiness before you invest

Check items as you confirm them.