What are they doing about it?
Historically, companies had three ways of tackling this challenge:
Manual workaround: high risk and inefficient
Build their own solution in SAP: limited functionality, not flexible, high cost of maintenance
Implement an external tax engine: highly disruptive and costly
Is there an ideal solution?
Meridian’s VAT Add-on for use within SAP revolutionizes the approach to automated, compliant VAT determination and reporting processes in SAP
The VAT Add-on solution places all the required functionality directly into your SAP system, using standard SAP techniques
Its flexible design makes implementation and ongoing maintenance simple, through the central VAT Cockpit, accessible from a single SAP transaction
Can your company benefit?
The VAT Add-on is release-independent, operating on version 3.1 to ECC 6 EP7.
Meridian offers free on-site workshops to assess the viability of the VAT Add-on solution for your company.