WTKWY - Wolters Kluwer introduces API-enabled integration between CCH SureTax and SAP Document and Reporting Compliance | Benzinga
PRESS RELEASE
Wolters Kluwer introduces API-enabled integration between CCH SureTax and SAP Document and Reporting Compliance
Multinational 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, ...