CASE STUDY

Sales and Use Tax - Vertex Implementation

industry

Consumer goods

background

The Client is a Consumer Goods company with global presence. Business plans for opening retail store fronts across different states in USA resulted in increasing demands on Tax department in Sales and Use Tax area. Benefits to fully automate sales and purchase side indirect tax required Vertex implementation customized to meet unique requirements of Wholesale, Retail and Ecommerce business segments.

solution

We provided complete end-to-end consulting on Vertex as well as SAP side to assist the Tax department by fully automating sales and use tax management. This freed the limited tax resources to focus on more strategic activities while reducing errors and enhancing tax compliance & audit defense.

Help refine business processes with Tax department using best practices for sales and use tax handling
Best Practice Vertex Sales and Use Tax setup using proven accelerators established by engagement with several SAP vertex implementations
Complete SAP configuration for Vertex Integration
Implement BADI’s, User Exits for client specific Tax handling scenarios
Fully automate Exemption Certificate Management
Advisory services to client to Outsource Sales/Use Tax Report Preparation and Filing
Customized Reporting for Reconciliation
Implementation completed with high quality deliverables as evident by minimum support or issues post go-live. Implementation costs at least 35% lesser than comparable services through Tier-1 consulting