Wolters Kluwer Enhances Tax Compliance with CCH SureTax Integration into SAP Systems

Wolters Kluwer, a global leader in professional information, software solutions, and services, has announced an innovative milestone for multinational companies striving for tax compliance efficiency. By integrating their CCH SureTax solution with SAP Document and Reporting Compliance, Wolters Kluwer has enabled API-driven access to indirect U.S. sales-and-use tax data. This integration represents a significant first in the tax compliance arena, affording businesses the ability to refine their tax reporting processes with advanced, real-time functionality. This development aligns with the emergent demands for digital transformation and precision in tax management.

Empowering Tax Processes with Seamless Integration

WTKWY and SAP, through this collaboration, have paved the way for a seamless tax compliance experience. The CCH SureTax platform is renowned for providing comprehensive tax solutions that cater to various aspects of the tax cycle. Coupled with SAP's Document and Reporting Compliance system, businesses now have at their disposal a robust toolset essential for managing intricate tax regulations in a dynamic and globalized business environment. This integration optimizes the end-to-end tax lifecycle, from determination through to compliance and reporting.

Real-Time Data Access for Informed Decision Making

The API-enabled integration ensures that companies using SAP for their financial processes can readily access current tax rates and rules within the United States. This real-time accessibility of critical tax information permits a proactive approach in meeting reporting obligations and mitigates the risk of non-compliance penalties. As a result, multinational corporations equipped with this integration will benefit from a consolidation of efforts and enhanced accuracy in their tax dealings—a notable advancement for organizations navigating the complexities of sales-and-use tax legislation.

SAP SE, headquartered in Walldorf, Germany, is at the forefront of enterprise application software on a global scale. The partnership between Wolters Kluwer and SAP exemplifies the synergy that can be achieved when two leading software providers in the financial and tax compliance sectors collaborate. The integration they have forged speaks volumes of their commitment to fostering innovation that addresses the needs of today's complex, regulatory environment.

integration, tax, compliance