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[Music] its easy to think that technology is changing global business but actually its the other way around the demands of an increasingly global business world and the global tax environment have driven technological change and thats led to a proliferation of new taxes with big implications for indirect tax functions multinational global companies need to have some idea of what theyre paying where theyre paying it how much theyre paying and a way of managing that process and technology is the way they can do that that we see a lot of the jurisdictions looking for data real-time so some countries require invoices immediately others use technology in audit and companies need to be able to react to that youre gonna have more real-time reporting and you may actually have like automatic payment systems so that instead of being paid you know monthly on a form as a transactions occurring you will have an automatic debit or credit to that jurisdictions account in addition governments
