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10.24.25

Thriving Through Change: Tax Tariffs, and Tech in a Faster World

By the Eide Bailly team

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Business professionals walking through a city at sunrise, symbolizing adaptation and growth amid tax tariffs and economic change.

A version of this article first appeared on EideBailly.com. 

Tariff shifts, evolving tax laws, and rapid tech innovation are reshaping today’s business environment. Navigating this complexity calls for a fresh look at how you plan, operate, and grow — with readiness as your competitive edge.  

Here’s the reality: Economic cycles may be inevitable. But readiness is a choice.  

Optimize for Speed and Clarity

More than two-thirds of planned change projects fall short, often due to poor data, manual processes, or siloed systems.   

Businesses should focus on areas they can control:  

  • Cash flow clarity: Know your true liquidity position. Analyze payables, receivables, and conversion cycles to improve working capital and respond quickly to disruption.  
  • Process efficiency: Invest in automation, reporting enhancements, and data integration to reduce delays and free up resources.  
  • Supply chain adaptability: Tariff policy shifts and geopolitical volatility can disrupt procurement and production. Build flexible sourcing and responsive logistics capabilities.  

Case in Point: A construction client needed to modernize time entry without adding extra costs. With the help of a custom time entry interface that integrated with their current Salesforce environment, they were able to get critical labor cost visibility without extra licensing fees.  

Security, Compliance, and the Cost of Inaction  

Sixty-four percent of customers believe companies are reckless with their information. Consumer trust is increasingly fragile, and transparency is even more critical.  

Risk management today requires continuous readiness:   

  • Risk assessments: Evaluate exposure across financial, operational, and cybersecurity dimensions. Model downturn scenarios.  
  • Compliance agility: Monitor regulatory shifts — especially around tax — that can significantly impact cost structures or reporting requirements.  
  • System modernization: Legacy platforms limit responsiveness. Yet 60% of businesses still spend over $2 million a year maintaining outdated systems.  

Dive Deeper:A Strategic Approach to Building Business Resilience 

Anticipate, Don’t React — Tax Planning for the Future: New tax legislation is reshaping planning decisions. Waiting until after something passes can put you at a disadvantage, scrambling to interpret rules while others have already adapted.  

Growth with Purpose and Precision 

Growth isn’t just about expansion; it’s about sustainable progress built on a strong foundation.  

Think about:  

  • Strategic investments: Look for smart acquisitions, technology upgrades, or new market entries that position you ahead of competitors.  
  • Revenue diversification: Explore new products, services, or customer segments to broaden your income streams.  
  • Future-focused finance: Enable your finance team to lead, not just report.  

The reality is disruption isn’t slowing down. We recommend:  

  • Reassessing operational blind spots that slow response times  
  • Stress-testing your business model under different cost or tax scenarios  
  • Identifying targeted investments that reduce risk or unlock new growth  
  • Elevating finance and risk leaders into strategic roles  

Navigating the New Normal 

In a world that’s moving faster, feeling louder, and growing more complex by the day, disruption has become a constant. Tariffs, tax changes, and technology changes are reshaping business strategy.   

Now is the time to ask:   

  • Are we ready to respond to the next tax or tariff shift, without scrambling?  
  • Do we have the systems and talent in place to act on data in real time?  
  • Are we investing in what will move us forward, or just maintaining the status quo?  

The businesses that thrive won’t just react — they’ll anticipate. Now’s the time to ensure your organization is ready for what comes next.  

 

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