Reduce E-Filing Complexity with Intelligent VAT-related Data Mapping
Growing e-filing requirements and VAT regulation updates continue to elevate the cost burden and risk quotient associated with indirect tax management. Organizations navigating international trade activity in the current environment, are seeing new regulations and tax guidelines create supply chain uncertainty.
For organizations managing cross-border business activity and e-commerce business models, VAT compliance is critical to supply chain security. SAP ERP systems offer streamlined solutions for storing transaction data to support electronic audit trails. Yet, the data stored in SAP ERP systems requires data processing for submission to a Tax Engine which will automate tax determination tasks.
The “Vertex Indirect Tax Chain Flow Accelerator (CFA)” provides tax professionals with a visualization tool to support a more streamlined chain flow data mapping process for enhanced VAT determinations. Within SAP ECC or SAP S/4HANA, tax teams can leverage the CFA for intelligent mapping of over 80 relevant VAT tax data fields, stored in SAP ERP tables.
Hear from SAPinsider and Vertex Experts, Roger Lindelauf, SAP/VAT Professional, and Brian Wilchusky, Director of Global SAP Partnerships, in this video and supplemental paper to learn how global organizations can potentially target more efficient tax determination strategies with the Vertex Indirect Tax CFA.
Get to Know the Vertex Indirect Tax Chain Flow Accelerator for SAP ERP
Have you heard about our visualization tool designed to streamline chain flow data mapping for improved VAT determination and increased efficiency?
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