Embrace technologies and catch up: Taxmarc


Add-on for SAP offers high-quality data for tax managers and lowers work pressure for the IT department.

  • Access to the right data at all times
    On the basis of this guarantee Taxmarc makes your data management extremely straightforward. The tax control framework checks every transaction, after which the database only saves the correct figures. Non-compliant transactions are reported in real time so that the tax department can take action immediately. It is no longer necessary to carry out a manual check of the data when making a tax return.
  • Integration with SAP, simple maintenance
    Taxmarc is a permitted add-on for SAP – the code is written where SAP allows this. The integration with SAP means that no extra interface is necessary. As a result, SAP upgrades do not lead to any problems and maintenance is straightforward. There is no need to program anything yourself. The Taxmarc implementation guide (IMG) makes it possible to adjust the configuration in line with your personal wishes.
  • Automatic reporting
    Thanks to Taxmarc’s central data management you can generate reports automatically. Examples are an automatic VAT and Intrastat return and any section of your data that you desire, without any manual effort being required.
    Integrated tax control framework
    The tax control framework in Taxmarc checks every transaction to make sure that it is permitted according to the legislation and regulations and permissible in accordance with the organisation’s own rules. Rejected transactions are reported immediately and automatically so that the tax manager can take action at an early stage and always has access to the accurate tax position.
  • Central data storage
    Taxmarc uses thirty parameters to collect all the tax data from SAP and places it in a single database. The real-time check by the integrated tax control framework guarantees high data quality. Contamination of the database by rejected transactions is a thing of the past. The central data management facilitates data analysis up to transaction level. Integration with other systems, for example with the Tax and Customs Administration, is straightforward.
  • All relevant data on a single screen
    The easy-to-use Taxmarc cockpit offers buttons to make any data report you desire, for example the total VAT position, transactions rejected by the tax control framework or country reports. Taxmarc is designed to be easy to use for tax managers and displays all the relevant data – such as tax code, VAT registrations, proof of export and import indicator – on a single screen. Thanks to the central data management, users can freely click through to goods flow details from financial and VAT data.
  • Global solution
    Taxmarc is currently operational in around 50 countries. This means that Taxmarc can determine ‘indirect tax’ for all the regions in which you are active – no matter whether this means VAT, GST, sales tax or use tax.

Do you like to know more about SAP VAT weaknesses and technology improvements:


About Richard Cornelisse

I advise multinational businesses in improving the efficiency and effectiveness of their Indirect Tax Function and Tax Control Framework. I started my career as a manager at Arthur Andersen and then became a partner in EY where I led the indirect tax performance team for Netherlands and Belgium. Currently I am a senior managing director of Phenix Consulting. I have over 20 years’ experience advising clients on international VAT issues. I am specialized in the tax aspects of financial transformations, shared service centre migration, and post merger integration work. I am also somewhat of a mentor, giving back to the profession. If you are interested in conversation and discussion, please feel free to contact me.
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