Retail & Consumer Goods Data & AI Trends in 2024

Retail & Consumer Goods
Data & AI Trends in 2024

Rapid developments in generative AI have already begun to affect the retail and consumer goods industry. While shoppers and the wider retail industry try to work out exactly what to think of these technologies, the businesses that move quickly to adopt generative AI and new data strategies into their operations will best position themselves for success.

Download the report to learn about our most important predictions for the retail and consumer packaged goods (CPG) industry in 2024:

  • Experimenting with generative AI will put retailers and consumer goods companies ahead of the curve on productivity.
  • Data monetization will play a massive role in driving revenue.
  • A strong data strategy will distinguish industry leaders from followers.

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Read our latest blog – Dynamic Pricing: A Complete Guide

Read our latest blog – Dynamic Pricing: A Complete Guide

Struggling to safeguard margins while attracting customers with the right prices and promotions?

Relying too heavily on promotional strategies can be a dangerous game for the bottom line, which is why an increasing number of brands and retailers are turning to dynamic pricing. Employing a dynamic pricing strategy comes with a variety of revenue-bolstering advantages, including…

  • Enhanced pricing control
  • Demand stimulation
  • Optimized inventory turnover
  • Sustainable profitability
  • Brand value management

Read our latest blog article, Dynamic Pricing: A Complete Guide, to uncover the ins and outs of this vital and effective pricing strategy, and how brands are leveraging AI powered tools to boost profitability.

Read our latest blog – Dynamic Pricing: A Complete Guide

Read our latest ebook – Dynamic Pricing: A Complete Guide

Struggling to safeguard margins while attracting customers with the right prices and promotions?

Relying too heavily on promotional strategies can be a dangerous game for the bottom line, which is why an increasing number of brands and retailers are turning to dynamic pricing. Employing a dynamic pricing strategy comes with a variety of revenue-bolstering advantages, including…

  • Enhanced pricing control
  • Demand stimulation
  • Optimized inventory turnover
  • Sustainable profitability
  • Brand value management

Read our latest ebook article, Dynamic Pricing: A Complete Guide, to uncover the ins and outs of this vital and effective pricing strategy, and how brands are leveraging AI powered tools to boost profitability.

State of Finance

State of Finance

Top global tax and finance challenges, plans, and priorities are revealed in Avalara’s new State of Finance report. With external pressures mounting, organizations of all sizes are turning to newer technology to transform their tax and finance operations.

We spoke with nearly 400 executives worldwide, getting insights into your peers’ strategic plans and priorities, how automation is helping them achieve their goals, and how it can help you do the same. This report’s insights include:

  • Today’s biggest challenges facing tax and finance departments
  • Responses to the impact of inflation and the threat of recession
  • Manual vs. automated processes within tax and finance
  • Tax compliance efficiency lessons from industry leaders
  • Global finance team market statistics for CFOs

 

Download the report today to learn how global tax and finance teams are using automation to transform challenges into opportunities.

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State by State Exemption Certificate Guide

State by State Exemption Certificate Guide

Simplify compliance for your exempt sales with Avalara’s State-by-State Exemption Certificate Guide from the Sales Tax Institute. This comprehensive resource provides information on exemption certificate requirements across all applicable states, helping you streamline operations, reduce errors, and mitigate non-compliance risks. Stay ahead of changing regulations, optimize compliance efforts, and focus on core business activities. Download the guide now and get help identifying the certificates you need.

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State of global cross-border eCommerce report 2023-24

State of global cross-border eCommerce report 2023-24

Cross-border e-commerce is expanding rapidly, with projections hinting at a trade value surpassing $1 trillion by 2023. While North America and Europe remain pivotal, Asia-Pacific, Latin America, the Middle East, and North Africa are emerging as significant players. Organizations face challenges, especially in compliance and cost management. Incorrect documentation often results in transactional delays, affecting consumer preferences for speed and convenience. However, advancements in technology, strengthened international partnerships, and improved trade agreements are progressively making cross-border e-commerce smoother and more efficient.

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The Future of Business: How Automation is Driving Efficiency and Innovation

The Future of Business: How Automation is Driving
Efficiency and Innovation

Compliance can be complex, especially for finance and accounting teams. “The Future of Business: How Automation is Driving Efficiency and Innovation” breaks down how automation simplifies these processes. This guide offers clear insights into how businesses today use automation to make compliance and financial tasks more manageable.

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CFO’S STATE OF COMMERCE PLAYBOOK A COMPLIANCE & FINANCE PROFESSIONAL’S ROADMAP FOR MANAGING DIGITAL GROWTH

CFO’S STATE OF COMMERCE PLAYBOOK A COMPLIANCE & FINANCE
PROFESSIONAL’S ROADMAP FOR MANAGING DIGITAL GROWTH

The digital age reshapes how businesses operate, with customers now having many choices in purchasing goods and services. For CFOs and finance teams, adapting is paramount. Introducing the “CFO’s State of Commerce Playbook: A Compliance & Finance Professional’s Roadmap for Managing Digital Growth.” Based on a global survey by Aberdeen, this guide provides insights into how finance teams navigate the digital shift, often collaborating with external vendors. Embrace the efficiencies to enhance reporting and manage future challenges. Equip yourself for the digital era; download the playbook now.

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Mergers and Acquisitions: A sales tax compliance overview to help reduce your risk

Mergers and Acquisitions: A sales tax compliance
overview to help reduce your risk

Mergers and acquisitions (M&A) are pivotal for business growth. As companies evolve, expanding product lines and market shares, sales tax compliance often gets overlooked. Yet, it’s key to avoid hefty penalties. Our guide, “Mergers and Acquisitions: A Sales Tax Compliance Overview,” helps reduce your risk by highlighting crucial tax scenarios and considerations, ensuring a smooth M&A transition and robust competitive positioning.

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The Future of e-Invoicing

The Future of e-Invoicing

E-invoicing has come a long way in the past 10 years, and the digitalization of tax isn’t going to end there. In our latest ebook, we dive into the details behind e-invoicing, and discover what’s next on the horizon for global digital compliance. In the ebook, we cover the following topics:

  • Exploring the digital transformation of tax: Now and going forward
  • The e-invoicing journey: Where we are and where we’re heading
  • Invoicing and tax: Two parts of one whole
  • The future of e-invoicing and global e-compliance

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