The tax function in today’s multinational businesses must accommodate nearly constant changes that affect tax determination. The manual process of tax research and updating each transactional finance system can be a significant cause of VAT error, and a strain on in-house tax and IT resources.
Many successful multinationals have found that integrating a 3rd party tax engine to their ERP and transactional finance systems significantly improves tax accuracy and overall tax department agility.
30 Minute On-Demand Webcast: Enhancing VAT processes in SAP S/4HANA
Explore the challenges that corporate finance and tax departments face and the value of integrating a tax engine to SAP S/4HANA.
Everyday, global companies are met with challenging questions about VAT. Take a closer look at how a centralised, global tax technology solution can tackle VAT determination challenges that global companies encounter.