SAP Tax and Revenue Management Solution

Revolutionize your financial functions with dynamic analysis and real-time insights

Exercise a holistic and coordinated approach to complex tax issues with SAP Tax & Revenue Management

Our consultants and industry specialists provide solutions to most pressing tax problems in the public sector. They will assist you with your public sector challenges and help transform the tax department to create a more significant impact. SAP Tax & Revenue Management is used worldwide for public sector and ranges from tax collection to tax compliance, risk detection, and customer care.

Increase collections and maximize taxpayer compliance

As governments around the globe continue to expand, the requirement for various channels of revenue for conveying services to the citizen, residents and tourists increases.This increases the complexity of managing tax risks and complying with reporting requirements multiplies exponentially.

Typically, staff costs form a high percentage of government service expenditures, so there is an opportunity to seize this and use it to a government’s advantage by:

• Investing in new, less expensive ways to deliver frontline services to the citizen,
• Looking at how they can create a more effective back-office, public administrative
• functions for less cost,
• Looking to where others can provide services at a lower price,
• Embracing flexible and adaptive technology.

Inside this evolving condition, the public sector needs one true solution to manage taxes, charges, and state benefits from/for business partners, citizens, students, and taxpayers.

Key challenges facing public sector

The public sector focusses on the following key taxation challenges.

Compliance

Reduce the tax gap by:

• Making it as simple as possible to comply,
• adequately handling non-compliance

Cost Efficiency

The most effective method to convey a similar degree of service for less finance transmitting authentic efficiency picks up, not just expense decreases.

How to harness new technologies to:

Reduce the tax gap by:

• Deliver services to the citizen, when they want them and how they want them
• Make it easier for the citizen and businesses to comply with their tax obligations.

SAP's scalable, centrally-managed framework enables us to assist governments in pursuing their goal of accurate, cost-effective compliance and reporting while providing global visibility to the right information for making informed strategic decisions.

SAP's scalable, centrally-managed framework enables us to assist governments in pursuing their goal of accurate, cost-effective compliance and reporting while providing global visibility to the right information for making informed strategic decisions.At Exalogic Consulting, we possess vast experience in the implementation of SAP technology to optimize the operation of processes focusing on the management of taxpayer records, current accounts, communication channels with the taxpayers, control of obligations, auditing and collection, all within the scope of the legal framework.

The solution can help you in the following areas: