Authorities are starting to involve themselves in business transactions, disrupting well-established business processes and taking control of the invoicing flow between suppliers and buyers. As a result, they have the data needed to prevent tax evasion and start auditing taxpayers automatically or even auto-populating tax returns moving toward tax bills. Additionally, sustainability efforts and climate change regulations further impact tax regulations.

Amid these shifts, 麻豆原创 can provide peace of mind to navigate complexities efficiently. By understanding the evolving tax landscape, businesses can leverage 麻豆原创 solutions to help streamline compliance processes and drive automation to capitalize on emerging opportunities.

麻豆原创 solutions for global tax management are tailored to help address modern tax challenges. 麻豆原创 S/4HANA Cloud can provide transparency and compliance on a global scale, enabling businesses to embed tax requirements in processes.

Through localized solutions that offer standardized but flexible business processes, a complete suite of solutions facilitates efficient tax management, from e-invoicing to statutory reporting and overall tax compliance. With 麻豆原创 technology and expertise, businesses can achieve greater accuracy and agility in tax compliance, paving the way for sustainable growth and competitive advantage.

To help tax professionals prepare for and become valuable members of tax transformation projects, 麻豆原创 is introducing a new course: .

The course is designed to equip professionals with the knowledge needed to navigate today’s tax landscape and learn new capabilities that can be leveraged as part of 麻豆原创 S/4HANA-enabled transformations to simplify tax compliance.

The course offers practical strategies to learn about the different tax types, global developments and their business relevance, and the importance of technology with a focus on 麻豆原创 S/4HANA and 麻豆原创 solutions for global tax management. It begins on April 30 and聽. By enrolling in this course, tax professionals can gain valuable insights into industry best practices and leverage the latest 麻豆原创 innovations to help optimize their tax processes.

In a time of rapid change, 麻豆原创 supports businesses on their journey to tax compliance and growth. Through collaboration with 麻豆原创 and a commitment to continuous learning, businesses can navigate the complexities of taxation with confidence and achieve their long-term objectives.

Erika Buson is part of Product Marketing for Global Tax Management and Entity Close at 麻豆原创.

Today鈥檚 hype around AI tools like ChatGPT inspires a future state for AI in the world. But business AI is all around us right now, playing a role in helping our customers鈥� businesses become more agile. Right now, AI helps to power 麻豆原创鈥檚 cloud ERP, spend management, customer relationship management, and human capital management business processes. More than 24,000 麻豆原创 cloud customers can already use hundreds of built-in AI capabilities.

AI growth means almost every industry needs people with AI skills at different levels and different depths. As one might expect, AI engineers, coding, and 麻豆原创 are in demand. But there can be other opportunities to enter the field, depending on your interests. Here are five ideas to find your path to a first, second, or even third career in AI.

Spoiler alert: Curiosity and an openness to learning are key!

1. First, Find Your Starting Block

It鈥檚 okay to be a novice!

Every path into the AI arena starts with a of AI concepts, terminology, and applications. Become familiar with key terms like machine learning, deep learning, neural networks, natural language processing, and data analytics. Understand how AI can impact business processes and improve customers鈥�, employees鈥�, partners鈥�, and suppliers鈥� experiences. Then, explore online resources, demos, , and introductory courses to understand basic AI principles. 麻豆原创鈥檚 AI are a great place to start learning in a peer-to-peer setting. Keep watching for a beginner鈥檚 AI learning journey.

2. Think AI Ethics

Humans give AI systems the data they need to function. But if humans provide biased data to an AI system, then the resulting AI system will perform in biased ways. For example, if we deploy AI systems to screen candidates during the hiring process, and the AI system has been given data biased against certain groups, then the AI system could make discriminatory candidate interviewing recommendations.

For AI to work in ways that make our world better, must be interwoven. AI ethicists promote the positive benefits of AI while mitigating potential risks and ensuring fairness, transparency, and respect for privacy and in collaborative processes around developing AI solutions. has a free option to learn the basics.

3. Build Your Project Management Skills

Successful AI project development and implementation require skilled .

Project managers are critical thinkers. They coordinate cross-functional teams, establish project timelines, watch over budgets and schedules, and ensure effective communication between project stakeholders. You will need to understand AI foundational concepts and oftentimes will need to translate between business users and technical teams. Practice breaking down problems into smaller components, identifying relevant variables, and designing effective solutions.

4. Brush Up on Data Science, Analytics, and Data Visualization Skills

AI is only as successful as the data it draws from. Without data, AI systems cannot deliver value. Our customers recognize this as they invest in their data infrastructures as they develop AI applications. When data is valid, accurate, complete, consistent, and uniform across an entire enterprise鈥攁nd contextualized within the business鈥擜I can deliver relevant results.

Seek out , communities, and mentors who can help you learn the different types of data, data collection methods, and data processing techniques. Understand trends and relationships within data. One of the most exciting things about business AI is that there are opportunities to find patterns and insights in data that were formerly undiscoverable. Tools like Python libraries or data analysis platforms like Tableau can be relevant.

5. Tap into Governance, Accountability, and Responsibility

Collaborative AI systems should have clear safety, governance, accountability, and responsibility frameworks. Frameworks should include structures, processes, and regulatory and risk management practices that align with laws, regulations, policies, ethics principles, and the broader ecosystem. As AI develops across industries and individual companies, there will be a need for people who understand the principles of governance, including how to establish metrics, standards, and accountability practices for an AI system鈥檚 behavior.

Embrace the Journey

The rise of AI has transformed the landscape of career opportunities for people 鈥� the potential for new, better jobs that will require a mixture of technical and human skills. The demand is there 鈥� and growing 鈥� for great talent to stand behind the tech! An open mind, genuine curiosity, and a willingness to learn will set you on the right path and will also be necessary as you grow your career.

I am wishing you well in finding the toward a role in shaping the future of AI and its impact on society. Here鈥檚 to a terrific learning journey!

Sabine Bendiek is chief people and operating officer and a member of the Executive Board of 麻豆原创 SE.

The global waste problem is growing, with of the 100 billion tons of materials we consume annually making it back into circulation. Plastic waste is one catastrophic example, with the equivalent of one garbage truck of plastic getting in our oceans every minute, on top of the that have already accumulated. Once produced, plastic can endure for hundreds of years, breaking down into what are known as microplastics and slowly poisoning natural habitats and animals, which directly impact the well-being and economic livelihoods of millions of people. Despite this stark reality, global demand for plastic continues to rise, with production expected to by 2050.

This is a global crisis requiring immediate and sustained action. To tackle the plastic waste problem, we must commit to a 聽model, where we eliminate waste and pollution, recirculate resources, and regenerate natural systems. The circular economy changes the way we source materials and make and use products.

What鈥檚 more, new regulations are putting pressure on global business to adopt a circular economy model. In March of last year, world leaders at the United Nations Environment Assembly to negotiate an international, legally binding instrument on plastic pollution by 2024. In the European Union (EU), the circular economy is a of the European Green Deal, a set of policy initiatives signed in 2020 with the aim of making the EU carbon neutral by 2050 and setting new requirements to make products more reusable and energy and resource efficient.

With an estimated of a product determined at the design stage, a key element of the circular economy is in the design of products and their packaging. Circular design at its most strategic level is a huge lever for the overall reduction of the environmental and climate footprint of products, as it considers all aspects of product development, including materials used and the manufacturing process. Most significantly, circular design considers what becomes of the product or its component parts once it has reached the end of its usefulness.

As Sarah Gillespie, customer success manager for Circular Economy at 麻豆原创, says, 鈥淒esign is an absolutely critical stage of product development where we can have an enormous impact for good. By following circular principles at the design stage, we can design out waste from the beginning instead of simply mitigating it.鈥� Circular design can also help to address the growing climate issue, since an estimated are linked to how we manage material flows for products.

Circular design helps organizations to review their processes and take steps towards using less raw materials and with more efficiency. But one of the biggest challenges for business to implement circular design is getting accurate data, which is crucial for assessing material flows and resource productivity. For example, companies need data to understand whether an organic material they are using in their product was regeneratively grown. Technology will play a fundamental role in enabling businesses to access the data that they need to make optimal material choices, create better supply chain transparency, and comply with government requirements. 麻豆原创 has both the technology and the responsibility to help global enterprises use the power of data, networks, and partnerships to achieve their targets and develop .

The new open麻豆原创 course,聽Designing a Circular Economy, offers customers, partners, and anyone interested in the topic a deeper understanding of how to apply circular design principles to their own business. 麻豆原创鈥檚 last course on this topic the circular economy and how to implement circular business practices. This new course will focus on how to create the products we need in a circular way, using a systems approach that considers how the constituent parts work together and evolve over time. In this course, you will learn about circular design, what role design plays in products and packaging, what is meant by regenerative design, what nature can teach us about product design, and how technology can help.

The course features many external speakers, including experts in circular design, packaging, and biomimicry to name just a few, such as , circular design programme lead at Ellen MacArthur Foundation, , cofounder of BioimicryNL, and , cofounder of PlasticFree.com.

Anyone can register for this free, on-demand, four-week course, which begins May 23, 2023, and involves just a few hours of coursework per week. During the course you can earn points, a record of achievement, and a digital badge that you can share on social media.

We encourage you to sign up and share it with your networks. The global waste problem is a humanitarian crisis that we must confront together. Arming ourselves with the knowledge to develop urgently needed solutions is a wonderful place to start.