Problem Shared Is A Problem Halved- Ebook
Implementing a tax engine as part of an SAP S/4HANA implementation may seem to be a threat but it is actually an accelerator for the implementation.
Alignment of the ERP landscape, such as a move to SAP S/4HANA brings an opportunity for the IT and tax departments to work together. This provides momentum for the tax department to optimise the company’s VAT determination technology whilst IT can accomplish standardisation and eliminate numerous tax customisations across their ERP instances.
Implementing a tax engine as part of an SAP S/4HANA implementation may seem to be a threat but it is actually an accelerator for the implementation. Next to that, it is also the perfect momentum for you to transform and automate the indirect tax operations. By adding a 3rd party tax engine you can centralise, optimise and automate VAT operations and regain control at a central level.