Name: Vertex Indirect Tax for Procurement with SAP Ariba
SKU: display-0000022994_live_v1
Availability: InStock

Tax Calculation During Purchase Requisition and Invoice Reconciliation

Vertex Indirect Tax for Procurement with SAP Ariba

byVertex Inc.

Tax Calculation During Purchase Requisition and Invoice Reconciliation

Vertex provides automated tax calculation during requisition & invoice reconciliation. During requisition, purchasing managers can view tax implications when approving or rejecting a purchase request and during invoice reconciliation Vertex can confirm the correct tax on the invoice was applied.

Solution Types

Extensions and Add-ons

Works with

SAP Ariba

Benefits and Features

Benefits

Save Time and Reduce Risk

Vertex centralizes all the rates and rules required for accurate calculation of sales and use tax as well as product taxability. With powerful Vertex automation, your tax department will no longer need to manually manage changing tax content.

Real-Time Tax Calculation

Tax is calculated during the invoice or checkout process based on the latest product taxability rules and pinpoint tax area precision. Automating tax with Vertex reduces manual work and improves customer satisfaction.

Most Up-to-date Tax Rates and Rules

Ensure every transaction applies the most accurate tax rules, rates, and exceptions automatically with Vertex for SAP Ariba. Spend less time managing your tax system, and more time growing your business.

Consumer Use Tax Calculation During Procurement

Under-reporting or over-reporting tax makes your purchasing department’s job complex as spending limits and approval thresholds could be impacted by incorrect tax amounts. Fortunately, these scenarios can be avoided by using Vertex to calculate tax within Ariba.

Embedded in the Requisition Process

During requisition, Vertex ensures that purchasing managers can accurately view tax implications, in terms of total cost, when approving or rejecting a request for purchase. This is a critical piece of the SAP Ariba approval process that determines how an invoice gets approved or rejected.

Embedded in the Invoice Reconciliation Process

The invoice reconciliation process enables customers to compare the tax charged by the vendor with the tax that should be charged, The solution provides visibility to determine if a vendor has charged an appropriate amount of tax on the purchase.

Plans and Pricing

Starter Edition

USD

5,000

.00

One-time

Starter Edition

Starter pricing is dependent on revenue, complexity, geographical dependencies or other requirements.

Technical Information

The information contained in this section is provided by the publisher.

Solution Types

Works with

General

Deployment

Operations

Security

Compliance

Globalization