Cloud-hosted (Saas) technology is known for being a cost-effective solution with quicker implementations, minimal use of hardware, and low maintenance costs.
For your indirect tax function, regardless of whether you use native ERP functionality or an integrated on-premise tax engine to calculate tax, there are both external and internal costs to consider. Total cost of ownership (TCO) is one of the most important factors to evaluate when considering a move to a cloud-based tax solution.