SAP Document and Reporting Compliance centralizes and eases the integration of SAP Concur solutions with tax authorities and business partners around the world. Kick-start e-invoice automation with Concur Invoice and digital tax compliance with Concur Expense.
Key Features:
1. Register in the Peppol network
Register your company as a participant in the Peppol network to start exchanging business documents with business partners. Manage your company’s visibility in the Peppol Directory and leverage the Peppol Service Metadata Publisher to automatically receive electronic invoices from your suppliers.
2. Receive supplier invoices in real time
Receive invoices from your suppliers electronically in real time via the Peppol network. Extract invoice data automatically based on predefined country/region-specific legal formats and initiate invoice processing without lengthy data entering and validations.
3. Validate receipts in real time
Leverage integration to tax authorities to automatically validate authenticity of receipts attached to employee expense reports. With real-time validation results, you can reject noncompliant receipts to maximize tax recovery and minimize compliance risks.
Benefits:
1. Automate electronic invoices and digital compliance with Concur Invoice and Concur Expense
The solution allows companies to automate the electronic exchange of invoices with built-in formats. In addition, it automatically validates supplier invoices to reduce operational costs and minimize compliance risks.
2. Respond rapidly to new and evolving regulations
SAP provides regulatory relief as a service by monitoring legal changes and providing solution updates that enable companies to easily comply with new and evolving regulations. This eliminates the need for local point solutions, simplifies the IT landscape, and minimizes the total cost of ownership
3. Centralize compliance across solutions
Start with enabling digital tax compliance with Concur Invoice and Concur Expense. Expand by upgrading your subscription to centralize compliance worldwide and integrate with other solutions in your landscape such as SAP S/4HANA Cloud, SAP S/4HANA, SAP ERP, and SAP Business Network.
Features and benefits will depend on the services contracted in the country for Concur Invoice or Concur Expense.
Click Connect to connect your SAP Concur account with SAP Document and Reporting Compliance and get started.