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In todays ever-evolving world of retail, staying ahead of the game is paramount.
One such technology that has certainly made an impact for retailers is edge computing.
But what good has it done for retailers?
Just look at indirect tax as an example.
The arrival of5Gin particular presents even more opportunities for this tech to revolutionize retail tax departments.
Retail Consulting Practice Leader at Vertex.
Just look atAugmented Reality(AR) and Extended Reality (XR), for example.
Consumers today typically tend to research various products online before narrowing their selection and making a purchase.
This will create more accurate pricing and stock availability for customers, further contributing to a better online experience.
More sales, more tax
So, what does this mean for the tax department?
The marrying of 5G and edge computing is set to disrupt the online retail sector.
Faster, more engaging shopping experiences, paired with more efficient tax operations behind-the-scenes, is only the beginning.
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