Minimizing compliance risks with centralized and automated tax controls

With the SAP Tax Compliance application, you can streamline and automate tax compliance checks to reduce risk exposure.

Improve tax compliance with a simplifies approach to controls

SAP Tax Compliance helps systematically check transactions and centralize remediation activities. The application also integrates automation so you can accelerate audit-proof corrections and comply with new digital mandates.

• Enterprise-wide repository of tax controls
• Automated screening of all tax-relevant transactions
• Support for audit-proof corrections in one centralized platform
• Accelerated remediation through machine learning

Key benefits

Increasing the quality of tax data

Optimize tax controls to minimize false alerts and enrich the rule set, so you can meet the demand for more digital mandates and data tracking.

Minimizing the cost of compliance

Eliminate the manual orchestration of remediation tasks, increase transparency, and accelerate connections by using workflows and machine learning.

Improving compliance with one solution

Screen transactions subject to tax and enable remediation by connecting with other business solutions, such as your ERP, billing, or payment processing software.

Key features

Centralized tax compliance management

• Set up a central repository for managing all compliance checks
• Use the processing power of SAP HANA to systematically check transactions quickly and accurately
• Monitor compliance status and results within a unified worklist that enables you to identity anomalies and duplicate documents

Efficient path to increased compliance

• Distribute and manage remediation tasks while providing transparency and maintaining a full audit trail
• Increase automation to classify compliance results, suggest resolution, and act
• Run simulations on tax check parameters to optimize your tax rules and improve reliability of automation