Tax Management
Automated compliance helps lower the burden of tax management
Increased transparency helps ensure compliance and optimise tax strategies. Achieve this advantage by automating processes to drive efficient digital compliance and keep up with evolving requirements.
Minimise the risk of noncompliance
Maintain compliance with real-time insights into your status, mitigated risks, and high-quality tax data within the system of record itself. You can run regulatory relief as a service to keep up with legal changes, address new requirements for continuous transaction controls, and fulfil digital mandates for electronic invoices, statutory tax reporting, and system-based audits beyond single transactions.
Lower the cost of compliance with automation
Standardise tax compliance processes to scale operations globally, minimise risk, and fulfil tax obligations with less effort. You can boost tax management efficiency by eliminating workarounds and offline data reconciliations or manipulations, increasing transparency for tax audits, and automating compliance tasks with artificial intelligence and machine learning.
Optimise decisions to drive better tax outcomes
Create a foundation to explore new business models and foster trust with local communities and tax authorities. With a tax-sensitized source of truth, you can analyse tax burdens and make strategic tax management a part of your business decisions. This approach improves transparency and auditability, automates calculations, and facilitates decisions based on multiple scenario simulations.
Explore tax management solutions from SAP
Holistic dashboard, from e-documents to reporting
Gain real-time insights through a centralised dashboard, so you can handle corrections and tasks accurately and quickly.
Automated e-documents and smooth corrections
Automate the transmission, digital clearance, and reconciliation of company transactions based on Peppol and local standards.
Digitised reporting, from preparation to submission
Manage and submit obligations electronically worldwide with a compliance calendar, from e-invoices to statutory reporting.
Extensibility platform to extend and create scenarios
Create and extend scenarios in a few steps to promptly respond to emerging needs while eliminating technical debt.
Company-wide repository for tax compliance
Create, optimise, and manage your compliance checks – from value-added taxes to custom duties, and beyond.
Centralised platform for remediation activities
Streamline comprehensive remediation with one platform and facilitate tasks orchestration through an automated workflow.
Machine learning automation
Improve efficiency across simple prioritization of check failures, decision-making recommendations, and automated correction.
Systematic check of tax-relevant data
Gain reliable compliance insights by screening tax-relevant transactions in nearly real time and without ad hoc spot checks.
Tailored intelligence for plastic packaging taxes
Calculate and pay taxes while understanding performance and focus areas against voluntary commitments and corporate goals.
Monitor and manage regulations centrally
Manage global reporting for extended producer responsibility (EPR) mandates, plastic packaging taxes, and public commitments.
Mitigate regulatory risks across global markets
Analyse the environmental impact of your material choices to reduce the burden of compliance.
Future-proof against emerging requirements
Comply seamlessly as plastic packaging taxes continue to increase worldwide.
Optimised complex excise tax processes
Improve complex excise tax processes, including tracking of excisable goods movements and simplified stock-ledger reporting.
Real-time tracking and compliance
Track and document real-time transactions relevant to excise taxes and identify, adjust, and reprocess inconsistencies.
Increased efficiency and standardisation
Standardise and automate rules for excise tax determination and worldwide regulatory compliance.
Auditable proof data
Address tax authority reporting principles proactively, and enable auditable proof of data including master data and accruals.
Flexible modelling for automated calculations
Calculate income tax and tax differences, make traceable adjustments, and automate operational transfer pricing, and more.
Actionable insights
Enhance tax strategies with insight into factors such as operating margins, transfer pricing adjustments, and price impacts.
Optimised decisions through scenario simulations
Drive better business outcomes by simulating tax impacts for different scenarios and making the most tax-efficient choices.
Increased transparency and auditability
Set a comprehensive and auditable tax management system, including BEPS 2.0 reporting, with traceability to accounting data.
See how customers are succeeding with SAP
See how Vodafone meets the complexity of operating across global markets with integrated and automated tax compliance processes.
Explore how Henkel reimagines processes, prepares for challenges, and reduces costs with a single document compliance solution.
Learn how SEERA streamlined and automated invoicing processes to enable secure, highly efficient, and compliant e-invoicing.
Check out how Siemens manages and complies with international tax requirements with greater ease and confidence.
Event Spotlight
SAP Document and Reporting Compliance Summit 2022
Connect with customers, partners, and SAP experts to discuss evolving local and global regulations in the area of electronic document processing and statutory reporting.
September 20 and 21, 2022
Virtual and on-site in Walldorf, Germany
Resource Center
Learn more about the role of business applications in responding to global minimum tax (BEPS 2.0, Pillar Two) requirements in this white paper from EY and SAP.
Get insights from SAP and Deloitte on how to support evolving business needs and tax regulations with the latest solutions and operational capabilities of cloud ERP.
Enhance global tax compliance by fulfilling proliferating indirect tax obligations with a smart organisational structure.
Scale business processes globally while meeting business and country-specific tax requirements.