Property tax compliance for manufacturing organizations is a continuous, overlapping cycle. As we head into November, tax and finance teams are likely buried in property tax bills across hundreds of jurisdictions, all while trying to organize complex asset data for the massive Q1 business personal property (BPP) returns season.
Despite 94% of tax and finance leaders expressing confidence in their compliance, recent survey data reveals a harsh reality: 78% of manufacturers have faced financial consequences in the past three years, with nearly half (49%) paying interest on late payments.
Join Avalara and the National Association of Manufacturers (NAM) for a deep dive into the unique complexities of managing real and personal property at scale. We'll explore how modern manufacturing tax teams are closing the confidence gap, integrating ERP data, and automating workflows to stop burning 123 hours a month on manual compliance.