Ryan, a leading global tax services and software provider, announced it has entered into a strategic partnership with Meridian Global Services to enhance its ability to deliver global value-added tax (VAT) determination solutions in SAP®. The partnership will support Ryan’s tax technology implementations for European Union businesses with a tax solution that provides fully compliant and automated tax processes in their SAP ECC 6.0 or S/4HANA systems FinTech News.
Ryan can now utilize the Meridian VAT add-on for SAP, built into native SAP with no external software to interface, for new SAP implementations or within existing SAP landscapes. This VAT add-on is the only certified, native SAP tax solution for achieving automated tax determination and improving reporting, analytics, and control functionality. This partnership gives Ryan clients access to an expanded portfolio of technology to meet their evolving tax compliance needs.
“Meridian Global Services’ VAT add-on for SAP is a perfect complement to Ryan’s implementation services,” said Jun Miyake, Ryan Tax Technology Principal. “As a result, Ryan will minimize tax compliance risk resulting from systemic weaknesses and manual workaround procedures, improving processes and efficiencies while reducing SAP system maintenance costs for clients with complex VAT flows.”
“Ryan has a proven reputation in providing innovative tax technology services,” said Adam Smith, Commercial Director – Managed Services of Meridian Global Services. “Their expertise combined with Meridian’s VAT add-on for SAP will eliminate the complexity involved in managing VAT determination within SAP.”
“This partnership supports our European strategy of improving the efficiency and effectiveness of our clients’ people, processes, and systems by transforming their tax function into a best practices environment,” said Jon C. Sweet, Ryan President of European and Asia-Pacific Operations. “Meridian Global Services and its VAT add-on for SAP perfectly fit this strategy, and we look forward to partnering together to add value and results for our mutual clients.”