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ADP Enables International Value-added Tax Automation Using Interface to SAP® Applications - International adapter enhances SAP user experience; provides increased tax compliance and seamless international capabilities for multinational clients (Nasdaq: ADP)
ADP Enables International Value-added Tax Automation Using Interface to SAP® Applications

 

NewswireToday - /newswire/ - Roseland, NJ, United States, 2010/06/17 - International adapter enhances SAP user experience; provides increased tax compliance and seamless international capabilities for multinational clients (Nasdaq: ADP) . NASDAQ: ADP

   
 
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ADP® today launched its International Adapter for Taxware Enterprise, compatible with SAP® applications. The International Adapter, developed by ADP’s in-house sales, use, and value-added tax experts, reduces the need for manual, daily updates by constantly refreshing rates and analysis. The Taxware Enterprise System is a multinational solution that automates sales, use and value-added tax compliance processes, creating a seamless solution for businesses operating in the U.S. from abroad as well as businesses based in the U.S. operating overseas.

“The European Union made significant changes to the EU VAT Package - Place of Supply Rules at the beginning of 2010,” said William Jan, Senior Research Analyst GRC & Financial Management at Aberdeen Group. “These changes have a significant impact on many multinational organizations, as these companies need to manually reconfigure and test their systems running SAP applications. ADP delivered these changes as part of their regular monthly Taxware Enterprise updates. The efficiencies are monumental, as the changes are content-driven as opposed to configuration-driven.”

Configuration of ADP’s International Adapter utilizes SAP’s standard remote function calls and tax procedures supported in the SAP ERP and SAP Customer Relationship Management (SAP CRM) applications and enhances key areas such as the mapping of new data fields, audit updating, as well as date and jurisdiction functionality. Upon completing the initial integration, no updates are needed within SAP solutions to facilitate the change of a tax rate or a rule across international borders.

“ADP is committed to providing clients with tax solutions that integrate with their existing SAP solutions,” said Bob Levis, Division Vice President and General Manager of ADP’s Sales, Use, and Value-added Tax business. “Building out the Taxware Enterprise solution internationally is a key initiative for ADP.”

Key features of the International Adapter include:

• Added User Flexibility: The existing SAP ERP and SAP CRM applications are modified as ADP manages the complex tax compliance issues, which are normally processed manually.
• Compliance Uniformity and Customization: Companies based in and operating in the U.S. can seamlessly manage cross-border tax regulations.
• Single Point of Contact: Businesses will maintain one point of contact for tax issues, making it easier to manage transaction tax issues.
• Tax Content and Research: ADP maintains one of the industry’s largest independent tax research staffs, eliminating the need for a business to conduct this research internally.

With the release of this International Adapter, ADP is now able to offer clients who are also using SAP applications end-to-end sales tax automation (tax engine, returns engine, and money movement capability) in the United States, as well as tax calculation in approximately 200 countries internationally.

ADP offers a growing suite of business solutions that interface with SAP products. These include: GlobalView®, ADP Connection Payforce, Sales, Use, and Value-Added Tax Solutions, Procure-to-Pay Solutions, Payroll Tax Filing and Garnishment Services.

About ADP

Automatic Data Processing, Inc. (ADP.com), with nearly $9 billion in revenues and over 560,000 clients, is one of the world's largest providers of business outsourcing solutions. Leveraging 60 years of experience, ADP offers a wide range of HR, payroll, tax and benefits administration solutions from a single source. ADP's easy-to-use, cost-effective solutions for employers provide superior value to companies of all types and sizes. ADP is also a leading provider of integrated computing solutions to auto, truck, motorcycle, marine and recreational vehicle dealers throughout the world. For more information about ADP or to contact a local ADP sales office, reach us at 1.800.225.5237 or visit the company's website.

The ADP Logo is a registered trademark of ADP, Inc. GlobalView® is a registered service mark of ADP, Inc. SAP and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries. All other product and service names mentioned are the trademarks of their respective companies.

 
 
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ADP Enables International Value-added Tax Automation Using Interface to SAP® Applications

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Publisher Contact: Kelly Shanley - ADP.com 
973-974-7612 public_relations[.]adp.com
 
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