Tag Archives: risk

Where you are and where you want to go

Benchmark information, templates, modules and approaches are shared to support VAT process improvements and meet business objectives The global tax environment is changing rapidly. How do you anticipate, prepare for and manage these changes? The thought leadership publications on the GITM website could support but also … Continue reading

Posted in Automating complex VAT flows in SAP, Control Framework, SAP add on, SAP for VAT, SAP implementation, VAT automation, VAT Control | Tagged , , , , , , , , , , , , , , | Leave a comment

Eight out of ten businesses still using spreadsheets for VAT compliance

More than 80% of businesses are still using spreadsheets to manage their VAT compliance in at least one jurisdiction in which they operate, despite tax authorities around the world investing in better tools. (International Tax Review by Avalara as part of … Continue reading

Posted in Automating complex VAT flows in SAP, Control Framework, SAP add on, SAP for VAT, VAT automation, VAT Control | Tagged , , , , , , , , , , , | Leave a comment

Taxmarc™: gain real hindsight, insight and foresight 

In Taxmarc™ Tax Engine all VAT relevant transactional data of legal entities operating on the same SAP platform could immediately be made visible and accessible, as this information is stored separately in one table in SAP. That means real-time insight … Continue reading

Posted in Automating complex VAT flows in SAP, Control Framework, enhancement implementation, SAP add on, SAP enhancement point, SAP for VAT, SAP implementation, user exit, VAT automation, VAT Control | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment