ONESOURCE Global Tax for SAP Ariba SolutionsGet tax right. The first time. Every time.
Global Tax Intelligence for SAP Ariba Solutions
For multinational businesses dealing with enormous volumes of commercial transactions on a daily basis, access to precise details on taxation requirements for each transaction is critical in meeting both budget and compliance requirements.
Organisations are typically forced to maintain tax data manually via tax tables, so scalability is often inhibited between procurement solution providers and backend transaction systems.
These challenges come to an end with ONESOURCE Global Tax for SAP Ariba Solutions. This unique partnership enables SAP Ariba to interface with ONESOURCE Indirect Tax for all aspects of tax calculations, thus providing customers with dynamic tax content and allowing them to save time and money by eliminating manual maintenance of tax data.
Get tax right. The first time. Every time.
With ONESOURCE Global Tax for SAP Ariba Solutions, buyers at multinational organizations gain easy access to industry-leading global tax content as part of a solution that is accurate, fast, flexible, and cost-effective.
- Provides access to a wide base of country-specific tax data
- Leverages the benefits of complex tax-calculation logic available in the third-party systems
- Resolves tax discrepancies between PO and invoices
- Ensures better compliance with recording and reporting of tax accounting information
- Legal changes to tax rates and rules are updated in Determination automatically
- Reduces manual intervention and updates for tax data when geography-specific taxation rules are revised
- Reduces invoice-to-pay turnaround time
Enables faster deployment and roll-out
- Offers flexible tax determination via custom fields
- Supports tax calculations on various types of procurement
- Minimizes tax penalties
- Saves time and cost during the audit process