Biesterfeld is a distributor for plastics, rubber and speciality chemicals operating in more than 40 locations throughout Europe, North and South America, Asia as well as Africa. In addition to an extensive, innovative product range and specialized market know-how, its three business divisions Biesterfeld Plastic, Biesterfeld Spezialchemie and Biesterfeld Performance Rubber offer tailor-made, application-based technical advice across numerous industries. The business activities include an extensive service around polymers, rubber, specialty chemicals as well as international trading of industrial and agrochemicals, pharmaceutical raw materials and salt.
Biesterfeld has a large volume of cross border transactions, both intra EU and globally. The indirect tax determination process is complex, so it is very important for Biesterfeld that they are able to automate the process in their SAP system, with complete confidence that tax determination is correct.
The company has chosen Meridian’s VAT Add-on as a VAT determination tool for SAP. Meridian’s VAT Add-on enables Biesterfeld to automate the determination process on cross border sales and purchases, greatly reducing resource requirements and non-compliance.
Before : Challenges and opportunities
Complex own developments in the SAP system to make sure that the tax determination worked properly and high effort to maintain and support these own developments
The end users needed good know-how to process all different tax cases to be legally compliant
Wrong user inputs led to wrong conclusions with the old tax solution
SAP certified tax solution
Fully automated solution which requires no end user input
Very detailed and competent information during the pre-sales phase built our confidence
After : Value driven results and improvements in tax efficiency
New tax cases are discovered easily and can be handled by the tax department
Easy set up of special tax cases through table entries maintained by the tax department
VAT code for incoming invoices especially from other EU or foreign countries is proposed correctly
In general better results for tax compliance
"Thanks to a very competent team, the Meridian VAT Add-on implementation went very smoothly. The after Go-Live support is very efficient and makes sure that any processes with very specific tax determination are solved quickly and legally compliant."
Sabine Haarich, Manager SAP Consulting
"End-users can’t influence the tax determination with erroneous inputs which led to wrong conclusions without the Meridian VAT Add-on. This is an enormous benefit for the tax department"
Martin zum Hofe, Head of Accounting / Tax