The Most Revealing Masterclass of ’22 Is Back & You’re Invited…

We’re delighted to announce our Tax Transformations Essentials Masterclass – 3 Steps to Nirvana & Elevating Your Tax Career is back on and we know you’ll want to be the first to join us at our new time of 11:30 / 12:30 BST / CEST Tuesday, 13 Sept.

Let’s begin by refreshing your memory – read on and find out how you can unlock an exclusive offer to get on board and upgrade your knowledge for FREE (Usually $179).

But first…

More Automation Does NOT Lead to Transformation

That statement should reverberate strongly across the world’s corporate tax functions, but that’s rarely the case.

Instead, people tinker with technology, tackle pain points, and address symptoms, while missing altogether the root causes that lead to the issues in the first place, thereby inviting more of them in future.

For a while this was ok – the tax world got by like this – but that’s no longer true.

With tax authorities building up sophisticated digital profiles on their taxpayers, it’s now too costly, too piecemeal, too blunt, and frankly not good enough for a profession as proud as tax-facing technological onslaught from all sides …

… so, time for an upgrade!

Improvement, Not Wholesale Change

Just to be clear, automation plans need not be abandoned – this is not necessary and doesn’t make sense – even though most current strategies leave plenty of room for improvement.

But no matter how good the strategy, or how much you automate, it will never deliver the new digitalization normal that tax needs

… because automating what you do today simply does not account for how things will work tomorrow. That requires a recalibrated approach to people, process & technology, and a rethink around ‘data’ that only transformed ideas can offer.

(Ed: Yet, every initiative we see has “transformation” in its title, though most have little or no transformation in them, at least by any definition a trained taxologist would know.)

What’s needed is true transformation, which brings the visibility, control & future-proofing required to get on the front foot with digitalized tax. Not choosing this path leaves you at the mercy of the next unpredictable event or issue and nowhere to go except more patchwork – there’s no career path in that!  

The New & Powerful Way Forward

It has taken many years to develop & verify, but there is now a low cost, low risk, low impact route to achieving “outside of the box” outcomes that go beyond normal horizons. To paraphrase Prof. Fred Brooks:

“The answer is invisible and unvisualizable until you actually see it working.”

In May, I was delighted to introduce the principles behind the 3 Steps to Nirvana at the TLG 15th Indirect Tax Exchange and I’m extending a personal invitation for you to join me at a top-level masterclass to complete the compelling story and learn more!

You will see me – by popular demand – explain by example your critical pathway to The 3 Steps to Tax Transformation Nirvana.

This highly thought-provoking & time-efficient masterclass packed with ground-breaking material will run on Tuesday 13th September 2022 @ 11:30 BST/ 12.30 CEST for 1 hour, and because it builds on the highly acclaimed conference tutelage …

… You can book your place now with my offer FREE OF CHARGE FOR THE FIRST 50 REGISTRANTS (Normal Price $179).

If you’re ready to benefit or want to find out more about what the masterclass will cover, please view the registration page …

 

 

See you in the masterclass…

Xyto Contributes in Africa – Our social side in action

Expanding our contribution beyond wildlife

For those that asked, we were always happy to tell people our previous company name – PawPaw Taxology – was a derivation of “Peck and Wilson Protecting African Wildlife”, and that sentiment remains even as we rebranded to Xyto Taxology.

Time off at Xyto is a relative term…

We are indeed in Africa, both enjoying and catching up on the 20,500ha of pristine Botswana wilderness that we part own. In addition, we’re learning more about the challenges of preserving the beauty of the bush for generations to come.

However, the importance of that task pales in comparison to the immediate needs of the local communities. So, five members of the extended Xyto team visited a local school at Moletemane in eastern Botswana and invited several school children to join us on a game drive.

The reserve is already a major contributor to the school and an employer of many of the children’s parents, but most of the students had never before seen an elephant or a giraffe in the wild. The day was a huge success.

So, not only are we enjoying our summer (as we said at the end of our last article, Innovation in Tax  Needs Leaders, Not Managers), but we’re also nurturing the ‘who we are’ of Xyto – of which our work in the bush is a contribution and passion which extends well beyond tax.

Until next time …

Smart TaxTech Graduation Day – A Q&A With Brand New Taxologists!

Get to know the graduates… you may have more in common than you think!

It’s been busy so far this year at Xyto HQ but there’s always time to welcome new students. We talk to three of our newest Smart Tax Technology Certification graduates, each of which successfully attained the level of foundational taxologist.

Here’s the feedback on their groundbreaking experience…

How did you feel before working with me?

“[I felt] like a fish outside the water especially because my experience as a tax professional was not in line with my tech experience.”

“A feeling that I am no longer in control as everyone has an opinion, but no one really wants to take the lead or develop a true vision for the future.

“In general, I did not exactly get to experience the challenges that some of [Geoff’s] other participants may have faced, it was more of a pro-active learning experience for me.

Why we started working together…

“It was mostly my need to find someone that could understand what I was looking for.”

“What Geoff says makes sense to me. [I’m] (very) happy to have met someone who is willing to think out of the box, speaks my language and can frame next steps.”

“I had learnt about Geoff from some of his posts on LinkedIn, which prompted me to know more. I generally came to the program with an open slate.”

What have been the most valuable outcomes…

“I think the biggest one is that digital transformation does not mean automation. This [Automation] is often repeated out there, it is false and makes people like me think we are stupid or crazy. Well nope, we aren’t.”

“[Geoff was] able to show me the underlying issues that are out there and [how they] can be solved. A fresh view on “the real world of tax”, not just selling all sort of services (without any vision) that do not makes sense to me.”

Understanding of the role played in the ‘people process technology’ concept. It really helps in making complex stuff break down into workable blocks.”

These graduates are well on their way to being 21st century, digitally native tax professionals.

Would you like to talk to one?

Many of our prospective students like to talk to a graduate with a similar background first when considering our training…

Request a chat

More Automation Does NOT Lead to Transformation

(Ed. A career impacting concept I tackle in my FREE Masterclass – read on and find out how to join the masterclass and upgrade your knowledge today)

That statement should reverberate strongly across the world’s corporate tax functions, but that’s rarely the case.

Instead, there’s a tendency to tinker with technology, tackle pain points, and address symptoms, while missing altogether the root causes that led to the issues in the first place, thereby inviting more of them in future.

For a while this was ok – the tax world could get by like this – but that’s no longer true.

With tax authorities building up sophisticated digital profiles on their taxpayers, it has become too costly, too piecemeal, too blunt, and frankly not good enough for a profession as proud as tax and facing technological onslaught from all sides …

… so, time for an upgrade!

Improvement, Not Wholesale Change

Just to be clear, automation plans need not be abandoned – this is not necessary and doesn’t make sense – even though most current strategies leave plenty of room for improvement.

But no matter how good the strategy, or how much you automate, it will never deliver the new digitalization normal that tax needs …

… because automating what you do today simply does not account for how things will work tomorrow. That requires a recalibrated approach to people, process & technology, and a rethink around ‘data‘ that only transformed ideas can offer.

(Ed: This doesn’t stop every initiative we see having “transformation” in its title, even though most have little or none in it, at least by any definition a trained taxologist would know.)

What’s needed is true transformation, which brings the visibility, control & future-proofing required to get on the front foot in tax’s new digital domain. Not choosing this path will leave you inevitably at the mercy of the next unpredictable issue that pops up with nowhere left to go – there’s no career path in that!

The New & Powerful Way Forward

It has taken many years to develop & verify, but there is now a low cost, low risk, low impact route to achieving “outside o’ the box” outcomes that go beyond normal horizons. To paraphrase Prof. Fred Brooks:

“They are invisible and unvisualizable until you actually see them working.”  

In May, I was delighted to introduce the principles behind the 3 Steps to Nirvana at the TLG 15th Indirect Tax Exchange and I’m extending a personal invitation for you to join me at a top level masterclass to complete the compelling story and LEARN MORE.

You will see me – by popular demand – explain and example your critical pathway to The 3 Steps to Tax Transformation Nirvana.

This highly thought-provoking & time-efficient masterclass packed with ground-breaking material will run on Tuesday 19th July 2022 @ 11:30 BST/ 12.30 CEST for 1 hour, and because it builds on the highly acclaimed conference tutelage …

… You can book your place now with my offer FREE OF CHARGE FOR THE FIRST 50 REGISTRANTS (Normal Price $179).

If you’re ready to benefit or want to find out more about what the masterclass will cover, please take a look at the registration page …

FIND OUT MORE

 

PawPaw Becomes Xyto

More than a name change …

Seven years ago today we founded PawPaw Taxology with an ambitious brief – find out why technology is so challenging, then make it (a lot) less challenging for tax.

It was a major voyage of discovery for us, with ups, downs, and some blind alleys, but ultimately it was you that showed us the way. Your sharing, engagement, and contribution provided the platform needed for progress, for which we are very grateful.

We wanted to dig deeper, so here’s what that platform now looks like:

Seven Lessons We Learned From You in Seven Years

Learning #1: There is a digital divide, and it matters
For most, the other side is hidden from view, and conventional IT cannot always help

Learning #2: Transformation is real, and it’s really transformative
And when done correctly, it’s not disruptive, but instead is welcomed by everyone

Learning #3: Everything we need for the journey is already there
No need to reinvent the digitalization wheel; tax just needs to figure out how to use it

Learning #4: Success with technology still means working hard every day
But not quite as hard as those who are not successful with technology

Learning #5: Digitalization is the greatest opportunity of our tax lifetimes
But through the power of data, not “tough to endure” automation projects

Learning #6: Old school values still matter
The dedication of experienced tax professionals is vital, if everyone loosens up a bit

Learning #7: It starts and finishes with people
Without the right people thinking the right way, nothing else works.

Next Steps

With those lessons now under our belt, it was time to evolve

Xyto brings an enriched approach with the launch of innovative, dynamic services creating an even more robust, rounded partnership placing you and your future directly at its core.

Ready to get the most from Xyto?

We’ve been very careful to maintain the keen Insights and support we’ve become known and praised for, while elevating you to take full control as you navigate your personal digital transformation journey. This offers a route to future-proofing yourself and your company.

If you haven’t yet explored in depth the tax digitalization challenge with us, Smart Learning Solutionsis your on-demand, time-efficient, and improved place to start.

START YOUR JOURNEY >

If you’ve already made the vital step of engaging with our learning, you’re ready to take the lead role in a transformed space as partners with our  ‘Smart Value Partnering‘ services.

CONTINUE YOUR JOURNEY >

Note that for now, PawPaw and Xyto will run side by side for a few weeks while we transition, but feel free to update your contacts already. Stay tuned for more soon!

Thanks again for being part of our community,