Spread The Wings Of SAP And Streamline VAT Determination And Compliance

For European businesses, the complexity and risk associated with value-added tax (VAT) has only increased. With constantly evolving rates and requirements for reporting and remittance, the challenge of accurately calculating tax on every transaction across your business has never been bigger. And with recent events and changes in customer preferences, the need to support new digital channels and systems, and comply with the unique regulatory requirements that accompany them, is only adding to the complexity.

SAP's VAT function helps businesses address base-level VAT requirements. For some companies with more
simplified operations, these features within SAP ERP will often meet their needs. But as companies expand
their sales channels and grow, VAT complexity increases. To address the intricacies of tax, SAP has empowered
trusted partners like Vertex to integrate and build upon the foundational features within SAP ERP.