For the modern enterprise, cloud solutions that integrate with enterprise resourcing planning systems (ERPs) must remain current with the latest in software and compliance requirements, avoiding costly mistakes and improving financial accuracy.
SAP customers who host their tax solutions on-premises report higher costs due to manual work, as well as difficulty integrating disparate systems. However, third-party vendors that specialize in managing software issues and moving compliance to the cloud work to keep up with changing regulations, bringing needed automation and support to IT and finance teams.
Simplifying value-added tax (VAT) and e-invoicing in the process of cloud migration—and SAP S/4HANA adoption—frees up your team for more strategic work and reduces business risk.
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Current State of Indirect Tax Compliance
The Importance of Accuracy
E-Invoicing
The Impact on Your Team
What SAP S/4HANA Can Do for You
Incorporate a Tax Management Solution During Your ERP Transition