Hello everyone. My name is Peter Drey and I welcome you to this episode of the Taxbytes podcast series.

Today I want to talk about, yeah, I've been instructed to say tax challenges of ERP transformations,

but I prefer tax opportunities in ERP transformations.

And for that, I have the right experts with me here today.

First of all, I have with me Mark Husses, who is our global tax ERP leader in PWC.

Next to that, we have Aisha Nianzou, is a tax technology expert as well as Lucas Desmeres,

equally a tax technology expert, currently still in Belgium, but I heard Lucas you will be

spending some time in the US as well on this topic.

I think it's the right-up moment to talk about this with you today, because the audience will be interested to learn what the tax opportunities are.

Now that companies, as I understand, need to migrate to new ERP systems in the next years, there are obviously great opportunities for the audience to make sure that the tax opportunities are taken into account as well.

And to have that discussion, let's jump into the topic of today, Mark.

And I'm interested to hear from you in your role as our new global tax ERP leader.

What do you see are the major trends within the global tax

and ERP landscape?

Thank you, Peter. Welcome everybody. My name is Mark. I'm currently a lot involved in

ERP transformations, like Peter was saying. As you may know, all clients need to migrate in the coming three to four years to a new ERP system, whether it would be as a P, Oracle, Microsoft, what you all have out there. So what we typically say and see in these discussions with clients is why don't you take this opportunity of this

heavy investment as a firm to move to a new ERP system that will stay alive for the coming 10,

15 years to really become tax transformational.

I always use the example in Orals or pitches with CFOs and CIOs in the past and currently.

Country by country reporting for transfer pricing is only existing the last five, six years, while your old ERP system is already in place 15, 20 years back in time.

So at that moment when you installed your new ERP system, you were not able to deal with the country-by-country reporting that you need to do on your inter-company transactions.

Nowadays you know that this is in place. Tax authorities are changing, are imposing more regulations

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