When the Direccion General de Ingresos (DGI) in Panama announced the mandatory use of electronic invoicing, Adidas collaborated with Origen Technologies to deploy its SAP Document and Reporting Compliance (DRC) partner solution for Panama, in accordance with the timeline and requirements stipulated by local regulations in 2023.
adidas is an athletic apparel and footwear corporation headquartered in Herzogenaurach, Bavaria, Germany. It is the largest sportswear manufacturer in Europe and the second largest in the world.
Origen Technologies – US based SAP Consulting and SI provider with extensive products and solution development capabilities in the areas of SAP DRC and SAP GTS. The company focuses on helping multinational corporations (MNC’s) with their tax, legal, fiscal, foreign trade and holistic compliance needs in Brazil, Latin America, and other geographies. Origen has electronic invoicing partner solutions within the SAP DRC framework for countries like Argentina, Panama, Vietnam, etc.
Their strong collaboration with SAP Globalization Services on Document and Reporting Compliance has allowed for product extensibility for new countries, ensuring compliance with local e-invoice regulations
adidas Panama Optimizes and Automates E-Invoice Process.
Before: Challenges and Opportunities
- Needed to comply with e-invoice mandates for Panama.
- Dependent on manual processes.
After e-Invoice Implementation: Value-Driven Results
- Met technical implementation deadline on May 30th, 2023.
- Achieved compliance with the DGI of Panama.
- Following the implementation of e-invoices, Adidas Panama now guarantees the delivery of the e-invoice to the customer’s registered email as soon as the order is completed, billed, and approved.
- Simplified IT landscape, with electronic invoice activities and processes supported by a single solution inside SAP.
- Increased transparency and automation of the Order-to-Cash process as a result of implementing the e-invoice.
“We like automatization”, By adopting SAP Document and Reporting Compliance for Panama and using the features available in the cockpit, all our electronic invoices are sent electronically direct to our customers, eliminating manual processing.”
adidas Automatized its Electronic Invoice Management Processes to Enable Efficiency, Security, and Flexibility.
About and Why Panama Electronic Invoice Solution in SAP:
- Enables automated, real-time, and end-to-end communication between SAP S/4HANA and the third-party integrator in Panama.
- Through the SAP Integration Suite, the third-party local integrator receives, validates, and approves electronic invoices on behalf of the DGI of Panama.
- After approval, the authorization electronic code (CUFE code) is returned to SAP, updating the electronic invoice cockpit/monitor within SAP Document and Reporting Compliance. The updated approval status triggers automatic email delivery of the electronic invoice to the recipient.
- The electronic invoice solution for Panama utilizes the rapid extensibility option of SAP Document and Reporting Compliance. It is a partner-transparent solution, following the same architecture as other standard country Document and Reporting Compliance offerings.
“A real team effort”, By taking the challenge of extending SAP Document and Reporting Compliance for Panama and working together as unique team between the Consulting team of Origen, IT BA of adidas and the local third partly integrator DIGIFACT were able to complete the project in the time and manner required by local regulation to start issuing electronic invoices starting on June 30, 2023.”
