As the saying goes: ‘All tax is local’. Complying with regional tax and reporting requirements requires agility In order to keep pace with an ever-changing landscape. One area worth examining is ‘Withholding’ or ‘Tax deducted at Source’ for payments to vendors.

So, how does your organization deal with it?

Many organizations embark on process transformation and continuous improvement programs to improve process efficiency and manage local needs. Another measure is to utilize the capabilities of core enterprise software such as SAP.

SAP has functionality that supports the data, process, and reporting needs of many countries and their diverse processes. By utilizing the SAP system to its fullest, you can deliver value to the business and get better turns from your investment in SAP software.

Watch Jade Global's on demand webinar, with speaker, Mallika Ramamurthy, Director – SAP Practice, Jade Global.

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