Tax_Compliance_SAP_VermaVIR_US_2020161.pdf

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Deliver global tax compliance
- the intelligent way
Lane Leskela & Vishal
Verma
SAP

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© 2020 SAP SE or an SAP affiliate company. All rights reserved. ǀ
The information in this presentation is confidential and proprietary to SAP and may not be disclosed without the permission of SAP.
Except for your obligation to protect confidential information, this presentation is not subject to your license agreement or any other service
or subscription agreement with SAP. SAP has no obligation to pursue any course of business outlined in this presentation or any related
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functionality are all subject to change and may be changed by SAP at any time for any reason without notice. The information in this
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particular purpose, or non-infringement. This presentation is for informational purposes and may not be incorporated into a contract. SAP
assumes no responsibility for errors or omissions in this presentation, except if such damages were caused by SAP’s intentional or gross
negligence.
All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from
expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates,
and they should not be relied upon in making purchasing decisions.
Disclaimer

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▪ Introduction
▪ S/4HANA and Global Tax
▪ Intelligence in Action: Examples of Machine Learning, and Artificial Intelligence in Global Tax
▪ Demos

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Global Challenges and Local Requirements
GST
Golden Tax
Nota Fiscal (NFe)
SAF-T
eInvoicing
Tax Coll. Cert. (CPE)
eBoleta
eGST
eTax
SII VAT
VAT
USMCA
10+2 filing
FDI filing
Customs Handbook
Special customs
& tax procedures
SAF-T
PEPPOL

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Years of close
relationships with
customers, partners,
SAP user groups and
legal authorities
40+
50+
Number of countries
where our localization
teams are deployed
SAP Globalization Services
Unique expertise to support businesses competing in local markets, worldwide
55+ 1,000+
Languages supported Averge number of
legal changes
across tax
solutions each
year
Number of
countries where
our customers are
based
180+

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S4HANA
OnPrem
S4HANA
Cloud
S4HANA
OP / Cloud
SAP Strategy to serve the globe

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SAP Solutions for Global Tax Management
Analytic Reporting
Manage statutory reporting
worldwide with unified user
experience
Tax Calculations
Calculate accurate tax with minimum
human intervention. Universal
integration to partner tax engines
Checks and Tax
Validation Rules
Tax Controls
Automatically identify incorrect tax
data and manage rectification
SAP Cloud Platform SAP HANA®
Analytic
Transactional
Communication
to Authorities
Internal Controls
Real time Reporting
Comply with many local
regulations mandating real-
time exchange of electronic
documents like e-invoices

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265+
Number of Global
Tax On Premise
Customers
SAP Global Tax Solutions
Rapid Customer Growth across the World since 2016
2900+ 250+
Number of
Global Tax
Cloud Licences
Number of Global
Tax Cloud
Customers
Number of Global
Tax On Premise
Licences
650+

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SAP Solutions for Global Tax Mgmt for SAP S/4 HANA Central Finance
S/4 HANA Central Finance
Checks and Tax
Validation Rules
SAP Advanced Compliance
Reporting
experience
SAP Tax Compliance
Additional Legal Reports
Checks and Tax Validation Rules
Partner Content
Communication
to Authorities
Internal Controls

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SAP S/4HANA for Advanced Compliance Reporting
Next generation legal reporting platform
Next generation solution to manage
statutory reporting worldwide enabling
simple adoption of constant legal reforms
in your digital business transformation
while reducing cost and providing
transparency in an efficient way

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How S/4HANA ACR Has Transformed Legal Reporting
Classic legal reporting without ACR S/4HANA Advanced Compliance Reporting
ERP
Documents –
MM/SD/FI
Application
1000+ legal reports across countries
Database extracts to
prepare reports manually
Manual steps for different
reports/countries
▪ Homogenous legal reporting solution for government
prescribed formats
▪ Data preview, embedded analytics & audit trails
▪ Real-time reporting without data replication
& reconciliation
▪ E2E monitoring
▪ Complete transparency in reporting compliance
▪ Guided platform for defining & extending reports
▪ Heterogeneous single point solutions
▪ Cumbersome data display & review
▪ Manual report data extraction, collection & generation
▪ Manual monitoring
▪ No transparency in reporting compliance
▪ Classic reports difficult to extend & adapt
cFin
Partner
Global
Compliance
Monitor
Define
Compliance
Report VAT
Audit
WHT
GST

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Intelligent enterprises elevate employees to focus on higher-value tasks

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New Technologies are Driving the Future Direction for Tax
Digital Core
Relevant and accurate data on
which to run monitoring and
compliance checks
Intelligent assistants
to empower users to focus
on what matters
Predictive analytics
to focus more on outcomes
than the past
Machine learning
to reduce mundane
tasks and increase
business agility
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Digital Core
compliance checks
on what matters
than the past
Machine learning
to reduce mundane
tasks and increase
business agility
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SAP Tax Compliance – Intelligence in action
S/4 HANA Central Finance
Checks and Tax
Validation Rules
SAP Advanced Compliance
Reporting
experience
SAP Tax Compliance
Additional Legal Reports
Checks and Tax Validation Rules
Partner Content
Communication
to Authorities
Internal Controls

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The data challenge
Changing Legislation
▪ Strong enforcement across the globe, including personal liability
for senior executives
▪ Rising penalties
▪ Frequent legislation updates, e.g. India GST, China Golden Tax,
and VAT in MENA
Digitalization of Tax - Electronic Insight for Tax Offices
▪ Real time clearance models where taxpayers are required to
submit transaction level data, e.g. in Brazil, Hungary and Italy
▪ Tax authorities leveraging electronic data extraction to perform
tax audits, e.g. SAF-T files
€160bn
Value Added Tax
revenue gap in EU

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Before: Tax Compliance the Hard Way
Manual collection of potentially
incorrect tax data from multiple sources
Manual tasks (email, phone)
to resolve incorrect tax data
Manual decisions
& interactions,
error-prone
Deviation Analysis
AP/AR
Shared Service
False alarms

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After: SAP Tax Compliance
Automated ontinuous Checks Automated Workflows
AP/AR
Shared Service
False alarms

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Demo

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After: SAP Tax Compliance with Intelligent Automation
Huge reduction in manual decisions,
less errors
Automated ontinuous Checks Intelligent Automation Automated Workflows
AP/AR
Shared Service
False alarms

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Digital Core
compliance checks
on what matters
than the past
Machine learning
to reduce mundane
tasks and increase
business agility
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Example:
SAP Law 2 Action – Intelligent Service*

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Digital Core
compliance checks
on what matters
than the past
Machine learning
to reduce mundane
tasks and increase
business agility
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Example:
Conversational AI– spot check financial data across systems (like
SAP S/4HANA, Ariba, and Concur)

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SAP Solutions for Global Tax Management
Analytic
Transactional
Analytic Reporting
experience
Tax Calculations
Calculate accurate tax with minimum
human intervention. Universal
integration to partner tax engines
Checks and Tax
Validation Rules
Tax Controls
SAP Cloud Platform HANA®
Communication
to Authorities
Internal Controls
Real time Reporting
Comply with many local
regulations mandating real-
time exchange of electronic
documents like e-invoices

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Demo

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▪ A clear global trend towards indirect tax regimes and digitization of compliance
▪ Authorities are demanding more transparency by requesting near real-time (transactional) information
like SII, NFE and more in-depth information within period-end reporting like SPED, SAF-T
▪ A large number of customers are onboarding S/4HANA Move
▪ SAP solutions for global tax management will help you to automate tax determination, calculation,
reporting and compliance on a global scale
▪ Use intelligent automation to avoid risk of non-compliance by identifying wrong tax data and
automatically initiating correction and documentation measures
▪ Automate digital compliance obligations with next generation reporting solutions
▪ Manage S/4HANA as a single source of truth for tax within the core business processes and enable
global visibility
Key points to take home

Thank you.
Vishal Verma
VP and head of Solution Management – GRC and Global Tax
Vishal.verma@sap.com
Contact information:
Lane Leskela
Senior Director, Finance and Risk Management
Global Center of Excellence
Lane.Leskela@sap.com

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Localization Notification Application

Tax_Compliance_SAP_VermaVIR_US_2020161.pdf

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