Digital transformation with SAP tax management

Read the Vertex SAP Insider Benchmark Report: Global Tax Management to find out more about: 

Migrating to SAP S/4HANA  

An unmissable step in digital transformation. The SAP S/4HANA platform serves as a central, global repository for accurate data, the key to reducing errors associated with manual tax processing. Real-time access to tax data and advanced tax determination logic, SAP S/4HANA plus Vertex means compliance with evolving tax regulations. 

Shifting to the cloud  

Cloud-based, on-demand tax management offers scalable, flexible, and secure solutions for global tax compliance. SAP S/4 HANA is a cloud-based platform for managing global taxes. It facilitates real-time e-invoicing, reporting, and tax controls. Users can adapt quickly to changing tax regulations and requirements. 

Collaborating with Tax teams, IT and business leaders 

Close collaboration between tax experts, IT departments, and business leaders so that tax considerations are integrated into your broader business transformation strategy. This will mean a more effective and SAP tax management processes. 

Automating to reduce workload 

Real-time transaction reporting, e-invoicing, and tax controls, all reduce manual workload and enhances accuracy. Automation tools integrated within SAP, enable indirect taxes (including VAT, sales tax and use tax, and GST) to be managed efficiently. These tax tools automate tax calculation, reporting, and compliance. Freeing your resources for more strategic activities. 

Integrating a tax engine 

Integrate your tax engine within the SAP ecosystem for seamless tax determination and compliance across business geographies and tax jurisdictions. Integration means accurate tax calculations reducing the risk of non-compliance. 

Improving control and governance 

Adopt advanced analytics and reporting solutions to provide data driven insights into your tax position. Be proactive and identify trends and potential compliance risks.  

Managing global tax reform  

Vertex and SAP global tax management solutions can help organisations prepare for global tax reforms, such as the OECD’s Pillar Two plan, for global corporate tax reform. The right tools and frameworks for ongoing accurate tax reporting and compliance. 

Exploring AI and Machine Learning  

Analysing large volumes of tax data, identifying patterns, and predicting potential compliance issues. Tax technologies help imagine and manage complex tax scenarios and enable real-time data analysis. Maintain compliance as the regulatory environment shifts and evolves. 

Discover tax management transformation 

Read comprehensive research with strategic insights on how SAP S/4HANA migration, automation, and AI/ML are revolutionising tax management.  

• Discover best practices in automation, shared services, and regulatory changes  
• Benchmark your performance against industry standards and stay ahead  
• Find out how to help your organisation manage tax obligations more simply, efficiently and accurately.  

Let Vertex and SAP tax management support tax compliance across your organisation. Read the SAP Insider Global Tax Management Benchmark Report today