Points to consider when deciding on a tax engine
In this article we address some important points to consider when selecting a Tax engine and explain why we believe Taxmarc addresses those better than other products on the market.
- Does the solution come with indirect tax content
- Is the solution a tax engine or does it simply map flows to tax outcomes
- Is the solution transparent
- Not all required parameters are available in standard SAP to perform correct tax determination, is the solution able to add these parameters?
- Does the solution identify incompliant transactions and transactions with incomplete tax data needed to make a valid tax decision
- Is the solution scalable, is it able to serve your whole ERP landscape and other applications
Source Taxmarc
