Wolters Kluwer introduces API-enabled integration between CCH SureTax and SAP Document and Reporting Compliance
23 Enero 2024 - 8:35AM
Wolters Kluwer introduces API-enabled integration between CCH
SureTax and SAP Document and Reporting Compliance
PRESS RELEASE
Wolters Kluwer introduces API-enabled
integration between CCH SureTax and SAP
Document and Reporting ComplianceMultinational companies
can now further streamline tax reporting and compliance with
first-of-its-kind functionality that provides access to indirect
U.S. sales-and-use taxes data, within SAP S/4HANA
New York – January 23, 2024 – Wolters Kluwer
today announced that multinational companies that use the SAP
Document and Reporting Compliance solution can now manage their
U.S. local and state indirect tax filing obligations within SAP
S/4HANA. This new functionality is made possible thanks to a new,
native integration between the SAP Document and Reporting
Compliance solution and the Wolters Kluwer CCH® SureTax®
solution.
SAP Document and Reporting Compliance helps enable
companies to transform, standardize and harmonize processes,
globally, so they can more efficiently comply with local tax
mandates, worldwide. Currently, the solution serves 58 countries
for statutory reporting and electronic invoicing, addressing more
than 450 regulations and helping enterprises leverage localized
business processes for operational efficiency and seamless
compliance.
However, until now, users of SAP Document and Reporting
Compliance have needed to utilize a separate solution, outside of
SAP S/4HANA, to automate the way they visualize, report and comply
with constantly changing U.S. indirect tax rules, which vary at the
state, local municipality and county levels. This new, native
integration will change that, by incorporating the features and
functionality of the Wolters Kluwer CCH SureTax solution into the
SAP Document and Reporting Compliance solution.
Wolters Kluwer is one of the world's largest providers of
digital knowledge solutions and cloud software for tax, finance,
accounting and legal professionals, worldwide. The company’s CCH
SureTax solution removes unnecessary risk from sales-and-use tax
matters, by helping businesses accurately calculate, collect, and
remit U.S. local and state taxes to correct authorities. Because
U.S. local and state tax rates and rules vary widely, by location,
and frequently change, Wolters Kluwer's extensive team of
experienced tax experts continually update the CCH SureTax
calculation engine to reflect the most precise indirect tax
data.
Elvira Wallis, Senior Vice President & Global Head
of Globalization Services, SAP, said:“Integrating with SAP
Document and Reporting Compliance, CCH SureTax can help tax
professionals drive global indirect tax compliance within one
solution - taking advantage of capabilities to automate and
standardize processes worldwide while increasing traceability to
business transactions in SAP S/4HANA Cloud.”
Ralf Gärtner, Senior Vice President & General
Manager, Corporate Performance Management Solutions at Wolters
Kluwer, said: “This new, native integration between SAP
Document and Reporting Compliance and CCH SureTax will be a tax
reporting and compliance game-changer for the thousands of
multinational companies that currently do business in the U.S., or
plan to expand into U.S. markets. Now, for the first time,
multinational companies can automate their U.S. state and local tax
reporting, just like they automate their tax reporting for other
countries, all within the unified user experience of SAP S/4HANA
Cloud.”
To learn more, visit CCH SureTax for SAP Document &
Reporting Compliance. The integration is the latest evolution of
Wolters Kluwer’s relationship with SAP, which builds on its
previous participation in SAP’s technology adoption program.
###
About Wolters Kluwer Wolters Kluwer (EURONEXT:
WKL) is a global leader in information, software, and services for
professionals in Health, Tax and Accounting, Financial Corporate
Compliance, Legal & Regulatory, and Corporate Performance &
ESG. We help our customers make critical decisions every day by
providing expert solutions that combine deep domain knowledge with
specialized technology and services.
Wolters Kluwer reported 2022 annual revenues of €5.5 billion.
The group serves customers in over 180 countries, maintains
operations in over 40 countries, and employs approximately 20,900
people worldwide. The company is headquartered in Alphen aan den
Rijn, the Netherlands.
For more information, visit www.wolterskluwer.com, follow
us on LinkedIn, Twitter (X), Facebook,
and YouTube. Media
Contact
Paul LyonSenior Director, External CommunicationsGlobal Branding
& CommunicationsWolters KluwerOffice: +44 20 3197
6586paul.lyon@wolterskluwer.com
SAP and other SAP products and services mentioned herein as well
as their respective logos are trademarks or registered trademarks
of SAP SE in Germany and other countries. Please see
https://www.sap.com/copyright for additional trademark information
and notices. All other product and service names mentioned are the
trademarks of their respective companies.
- 2024.01.23 Wolters Kluwer introduces API-enabled integration
between CCH SureTax and SAP Document and Reporting Compliance
Wolters Kluwers NV (TG:WOSB)
Gráfica de Acción Histórica
De Ago 2024 a Sep 2024
Wolters Kluwers NV (TG:WOSB)
Gráfica de Acción Histórica
De Sep 2023 a Sep 2024