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Miami – April 24 – 2024 Origen Tech has been selected by Wolters Kluwer to resell and spearhead implementation of CCH® SureTax® for SAP Document and Reporting Compliance.

This new collaboration follows the Wolters Kluwer announcement in January 2024 that multinational companies using the SAP Document and Reporting Compliance solution can now manage their U.S. local and state indirect tax filing obligations within SAP S/4HANA Cloud. This is made possible through a new, native integration between the SAP Document and Reporting Compliance solution and the Wolters Kluwer CCH^® SureTax^® solution.

Until this year, customers of SAP Document and Reporting Compliance required a separate solution, outside of SAP S/4HANA Cloud, to automate the way they visualize, report, and comply with constantly changing U.S. indirect tax rules, which vary at the state, local municipality, and county levels. This approach can lead to decentralized workflows and the use of bolt-on solutions, increasing complexity and challenge in a company’s end-to-end tax processes,

“The reseller relationship between Origen Tech and Wolters Kluwer allows a broader base of companies to navigate complex tax landscapes with confidence and efficiency, more quickly. We’re excited about the enhanced value we now bring to the market given the combination of Origen Tech’s implementation proficiencies, the Wolters Kluwer CCH SureTax solution, and SAP Document and Reporting Compliance,” said Anil Mahendra, SVP Sales at Origen Tech.

About Origen Tech

Origen Tech is a leading SAP Solution Sales VAR partner in USA; the company is also an SAP Building and SAP Consulting Services Partner with a focus on helping MNC’s with their compliance and localization needs in the United States, Brazil & Latin America. With headquarters strategically located in Miami, Origen has also presence in the main economies in Latin America.

The company is well recognized in the SAP ecosystem for its extensive SAP ERP experience and capabilities, as well a deep localization expertise in the areas of SAP S/4HANA RISE, SAP Document and Reporting Compliance and SAP Global Trade Services, with a portfolio of hundreds of multinational clients.

For more information, visit www.origentech.com, follow us on LinkedIn

Origen Tech Media Contact
Mob: + 1-855-674-4368
info@origentech.com

The NFS-e Nacional Project represents an important milestone in municipal tax management in Brazil.    

Led by the Brazilian Federal Tax Authority (RFB), this initiative aims to unify and simplify the process of issuing and managing Electronic Service Invoices (NFS-e) throughout the country, bringing significant benefits to companies, government agencies and citizens.   

NFS-e Nacional – Project’s main goals 

One of the main objectives of the project is to modernize tax management, bringing greater efficiency and transparency to the collection of the Tax on Services of Any Kind (ISS) at local level.  

The NFS-e Padrão Nacional will help combat tax evasion and boost municipal revenue, strengthening public finances and enabling investment in areas that are essential for local development.   

In addition, unifying the procedures for issuing and consulting NFS-e will simplify companies’ routines, reducing costs and the administrative burden, especially for those operating in multiple municipalities.   

Simplified Tax Compliance 

With a single national standard, all Brazilian cities will adopt the same NFS-e format, eliminating the need to deal with different systems and layouts, which will facilitate tax compliance and streamline business processes.    

The NFS-e Padrão Nacional will also facilitate the work of municipal tax authorities, allowing them to monitor operations more accurately and identify inconsistencies more quickly.    

Through the National Data Environment (ADN), managed by the RFB, all NFS-e issued in the country will be stored on a centralized platform, facilitating access and consultation by interested parties. 

To ensure the success and effectiveness of the project, the Service Invoice Management Committee was set up, made up of representatives from the RFB, states and municipalities, responsible for defining the rules and guidelines of the NFS-e Padrão Nacional.    

The implementation of the NFS-e Padrão Nacional is already underway and is expected to be completed by 2025. Cities can adhere to the new model gradually over the next few years, which will allow for a smooth transition without negative impacts for companies and taxpayers. 

Need help adapting to the NFS-e Padrão Nacional? Count on Origen Tech! 

As we have seen, the NFS-e Padrão Nacional Project is an innovative initiative that will modernize tax management, reduce costs and bureaucracy, promote competitiveness and strengthen trust in public administration.    

However, companies that use the SAP system for tax management will need to adapt their systems to comply with the new standard.    

This adaptation can be complex and requires specific technical knowledge of both the SAP solution and the NFS-e Padrão Nacional Project.    

Origen Tech offers a wide range of services and solutions that can add significant value to companies seeking to adapt to the NFS-e Padrão Nacional.    

Learn More: 
SAP NF-e Solutions for Multinational Companies in Brazil 

With a team of highly qualified and experienced SAP consultants, Origen Tech has the technical expertise to guide companies through the entire process of implementing and adapting SAP solutions to Brazilian tax legislation and the NFS-e Padrão Nacional Project.    

Our consultants have specific tools and methodologies to speed up the implementation process, while ensuring that all the requirements and standards of the Brazilian Federal Tax Authority (RFB) are met.   

This helps companies minimize the impact on routine and reduce the risks of errors and failures during implementation, providing a smooth transition to NFS-e Padrão Nacional in SAP.   

With our expert support and follow-up, companies can rest assured that they will be compliant with the legislation and can focus on their core activities, optimizing resources and maximizing productivity. 

Simplify your company’s tax management. Talk to the Origen Tech team! 

With technology advancing by leaps and bounds in modern corporate environments, SAP updates are essential to avoid direct losses in operational efficiency and for the company as a whole.  

It is common for senior management to be quite cautious when it comes to investing in new technologies and the additional costs that this may entail. However, less common is the attention that many of these leaders pay to the additional costs that an outdated (or obsolete) system may bring.  

The use of outdated technology significantly impacts a company’s financial results – increasing downtime, reducing productivity, and increasing security risks.  

Even though SAP is one of the most widely used ERPs in companies worldwide, it is not immune to the need for continuous updates.  

But what happens in practice when SAP is not properly updated? What are the implications for business health?  

Let’s explore this issue more deeply. 

Compliance Challenges 

Regulatory compliance is a central concern for companies in various sectors. Government regulations, industry standards, and internal compliance requirements are constantly evolving.  

Companies that neglect SAP updates are at greater risk of not being able to keep up with all these changes and may end up facing a series of compliance-related challenges. Among the main ones, we can highlight: 

• Reporting Failures: Outdated versions of SAP may not offer the necessary resources to generate accurate and complete reports to meet current regulatory requirements. This can result in audit issues and non-compliance. 
• Data Security Lack: With increasing concerns about cybersecurity, system updates are essential to protect a company’s confidential data. Outdated SAP systems are more vulnerable to security threats, jeopardizing compliance with data privacy regulations such as GDPR. 
• Inability to Keep Up with Legislative Changes: Tax and labor regulations are subject to frequent changes. Outdated systems cannot quickly absorb these changes, which can result in non-compliance and possible financial penalties. 

The Key Benefits of SAP Updates  

The latest versions of the SAP system come with a host of innovative automation and process optimization features. 

Equipped with cutting-edge intelligence and capable of enabling real-time decision-making based on data, updated systems that exponentially increase operational efficiency, including optimizing the work of specialized labor, which can focus on more strategic tasks and therefore add more value.  

The latest versions of SAP are already developed based on the latest in Artificial Intelligence and Big Data. Being “future-proof,” they ensure that future innovations are seamlessly accommodated, integrating with emerging technologies capable of further leveraging business results.  

Customer relations are another critical factor that makes SAP updates essential. With market expectations constantly evolving, companies need flexible and agile systems that can quickly adapt to new demands. 

How to Include SAP Updates in Business Dynamics? 

We already understand that outdated systems have negative impacts on various fronts for companies. The challenge now is to know how to manage updates and adopt a strategy capable of promoting modernization systematically.  

Below are some steps that can help in this task: 

1. Recognizing Signs of Technological Obsolescence 

To innovate, it is necessary to adopt an analysis methodology that can routinely identify technologies that are no longer capable of keeping the company at the forefront. The focus is to enable this analysis with a global vision, not only focusing on system failures or downtime but also anticipating industry patterns and trends that help improve performance and productivity. 

2. Developing a Strategic Update Plan  

A comprehensive plan for regularly updating the technological infrastructure is fundamental. This involves periodic reviews to identify areas for improvement and the implementation of proactive measures to ensure that your company remains at the forefront of innovation. 

3. Embracing Renewal 

After identifying problem areas and technological innovations with greater adherence, it’s time to act decisively. Consider replacing obsolete systems with more modern and efficient solutions, or invest in strategic updates to extend the life of the existing infrastructure. 

4. Opt for the Cloud  

Migrating to cloud-based platforms, such as SAP S/4HANA, offers a unique opportunity to reduce operating costs, increase flexibility, and ensure simplified access to the latest security updates. In addition, cloud solutions offer scalability to adapt to the demands of the constantly changing market. 

5. Partnering with Technology Experts  

Often, the easiest way to implement all these actions is to rely on a specialized team. Technological partners with extensive experience in SAP updates offer cutting-edge services, insights, and personalized guidance, helping your company navigate the complexities of technological modernization successfully. 

The Deadline for Migrating to SAP S/4HANA is approaching its end. 

Rely on Origen Tech! 

At Origen Tech, we understand how important the migration process to S/4HANA, the most advanced version of SAP, is. To avoid unnecessary complications, our team of experts is fully prepared to carry out a smooth transition, thoroughly analyzing the specific requirements of each organization.  

With this, we create a personalized experience that transforms the reality of the business and easily involves all stakeholders in the migration. 

Learn about the SAP S/4HANA Migration Program by Origen Tech.  

Click Here and Learn More! 

In the past few years, especially with the approaching deadline for migrating from SAP ECC to S/4HANA, SAP has strongly encouraged its customers to explore cloud solutions. 

When discussing S/4HANA Cloud, it’s essential to recognize that we’re dealing with a brand that encompasses three different products: public cloud, private cloud, and hybrid cloud. 

Each model offers specific features and capabilities tailored to the diverse needs of businesses. Therefore, it’s crucial to carefully evaluate the details of these formats and understand which one best meets business objectives and operational requirements. 

Regardless of the chosen model, the truth is that migrating to the cloud brings undeniable advantages in terms of performance and efficiency. 

Shall we explore some of them? 

Main Advantages of Migrating to the Cloud 

Migrating to SAP S/4HANA Cloud presents a significant opportunity for companies still utilizing SAP’s ECC version. It brings along major benefits of accessibility, cost-effectiveness, security, agility, and enhances business processes. 

The cloud platform provides users with the ability to harness all the features of S/4 HANA while enjoying the additional advantages of Cloud Computing, all without the challenge of having to allocate specialized personnel to manage the IT infrastructure. 

Shall we delve into more details? 

1. Flexible Subscription:  

SAP S/4HANA Cloud provides businesses with the freedom to select subscription plans that are customized to their particular requirements. Unlike conventional licensing approaches, which often entail substantial initial expenses and complex adjustment processes, S/4HANA Cloud introduces a flexible subscription model. 

Under this arrangement, monthly fees can be modified according to variables such as the number of platform users or the specific features utilized. This adaptable structure empowers businesses to effectively manage their subscriptions, effortlessly adjusting them to meet changing operational needs. 

This versatility not only facilitates optimized expenditure on SAP services but also ensures that businesses extract maximum value from their investment. 

2. Outsourced Infrastructure Management:  

Through transitioning to SAP S/4HANA Cloud, organizations can transfer the responsibility of managing their IT infrastructure to external service providers. These providers possess the expertise and resources essential for ensuring the security, dependability, and efficiency of the cloud environment. 

This delegation liberates internal IT teams from the burdensome tasks associated with routine maintenance, such as provisioning hardware, implementing software updates, and applying security patches. Consequently, internal resources can be redirected toward strategic initiatives that foster innovation and confer competitive advantages. 

Besides, entrusting infrastructure management to external providers can result in cost savings, as companies are relieved of the need to invest in the upkeep and enhancement of their hardware and software infrastructure. 

3. Efficiency: 

SAP S/4HANA Cloud incorporates best practices and industry standards for business process management, enabling companies to streamline their operations and improve efficiency. By leveraging standardized processes and procedures, businesses can reduce complexity, minimize errors, and increase productivity. 

Additionally, the platform offers built-in analytics capabilities that provide insights into key performance metrics, enabling informed decision-making and continuous improvement. Furthermore, SAP S/4 HANA Cloud is designed to support industry-specific requirements, allowing companies to tailor the solution to their unique needs and workflows.  

This ensures that businesses can quickly adapt to changing market conditions and maintain a competitive edge. 

4. Rapid Implementation:  

An inherent advantage of SAP S/4HANA Cloud lies in its rapid deployment capability. Unlike the lengthy timelines often associated with traditional on-premise implementations, cloud-based deployments can be swiftly executed. 

This expedited process is attributed to the pre-configured nature of cloud solutions, which incorporates the most effective established best practices and industry standards. This minimizes the necessity for extensive customization and exhaustive testing. 

Furthermore, cloud deployments are overseen by seasoned SaaS providers, responsible for tasks such as software setup, configuration, and data migration. Consequently, businesses can promptly capitalize on the benefits offered by SAP S/4HANA Cloud, accelerating their journey to value realization and securing a competitive edge in the marketplace. 

5. Real-Time Insights:  

SAP S/4HANA Cloud leverages advanced analytics and Big Data technologies to provide real-time insights into business operations. By analyzing large volumes of data in real time, businesses can identify trends, patterns, and anomalies that would otherwise go unnoticed.  

This enables proactive decision-making and rapid response to changing market conditions, giving businesses a competitive edge. Additionally, SAP S/4HANA Cloud offers predictive analytics capabilities, allowing companies to forecast future trends and anticipate customer needs.  

By harnessing the power of real-time insights, businesses can optimize resource allocation, improve customer satisfaction, and drive growth. 

6. Future-Proof Technology:  

SAP S/4HANA Cloud follows a quarterly innovation cycle, guaranteeing businesses access to the most recent technological advancements. This ongoing innovation empowers companies to maintain a competitive edge and adjust to evolving market dynamics. 

For instance, SAP S/4HANA Cloud integrates state-of-the-art technologies like machine learning, artificial intelligence, and blockchain. These advancements enable businesses to automate workflows, improve decision-making processes, and foster innovation. 

Embracing such future-proof technology enables businesses to fortify their operations and position themselves for sustained success in the long term. 

7. Interconnectivity:  

SAP S/4HANA Cloud facilitates effortless integration with various applications and systems, fostering synergy and collaboration throughout the organization. By linking diverse systems via the cloud, businesses can enhance data sharing and communication, thereby minimizing silos and enhancing operational efficiency. 

Moreover, cloud-based integration platforms provide ready-to-use connectors and APIs, simplifying integration with third-party applications and services. This interconnectedness empowers businesses to capitalize on their existing investments in software and infrastructure, optimizing their return on investment. 

Through embracing this interconnected approach, businesses can establish a cohesive digital ecosystem that fosters innovation, agility, and expansion. 

Why choose SAP S/4HANA Cloud Public Cloud? 

As we have seen previously, S/4HANA Cloud technology is offered in three different models: private, public, and hybrid. 

In the specific case of the public cloud, we have a Software as a Service (SaaS) model, where all users share the same cloud infrastructure. SAP takes responsibility for managing support, which includes all necessary updates and patches. 

These characteristics are central to significantly reducing operating costs, which is indeed one of the major advantages when it comes to S/4HANA Public Cloud. It also brings much more efficiency and scalability. 

In this model, each user uploads their data and selects resources tailored to the specific needs of their operation. For organizations with standardized processes or high adaptability to change, adopting the public cloud model (and the consequent transition to a real-time operations standard) can become a reality in a very short time frame, as short as just a few weeks! 

Learn more: 
SAP Cloud Security: Why is the SAP Cloud so secure? 

The SAP S/4HANA Public Cloud provides a standardized, ready-to-use solution, incorporating the latest industry best practices, prioritizing continuous innovation, and ensuring exceptionally high levels of security. 

However, it’s important to highlight some characteristics of this model that may not suit all existing business formats. 

Regarding customizations, for example, the public cloud presents limitations precisely because resources and data storage are standardized to facilitate better management control. Nevertheless, integration with the SAP Business Technology Platform (BTP) remains feasible to incorporate and develop additional solutions. 

In this regard, when opting for the public cloud, it’s necessary to consider some details: 

• This model offers fewer features compared to SAP S/4HANA Private Cloud and limited customization possibilities. 

• Maintenance, upgrades, and patches are carried out according to SAP’s schedule, without customers having control over support. 
• Language options are limited. 
• Support is offered only to a specific range of sectors, including manufacturing, professional services, HR, sales support, financial services, and a few others. 

At any phase of your company’s growth, Origen Tech offers the perfect solution! 

As a product and solutions development company, Origen Tech offers the market the exclusive SOLaaS (Solution as a Service) methodology, with an integrated value proposition built on the cutting-edge of the SAP universe. 

SOLaaS provides a technological framework that includes the SAP S/4HANA license, end-to-end implementation process, cloud infrastructure, software, professional service experts, and continuous technical support. 

Through a subscription model and a single contract to manage all these benefits, SOLaaS spreads the investment value into monthly installments with the best cost-effectiveness in the market. 

This comprehensive approach enables the holistic management of core business applications, facilitating faster deployment, scalability, availability, and security throughout the contract term. 

SOLaaS is definitely the simplest, most economical, and efficient way to explore the full potential of SAP technology and embark your company on an innovative journey to the cloud! 

Origen Tech has the perfect solution for every stage of your company: 

• If you are already an S/4HANA client, our team is ready to offer the best services, support, and extract the full potential of SAP. 
• If you are about to transition from ECC to S/4HANA, we guarantee the best migration experience. 
• And if you are not yet a SAP customer, we are ready to help you acquire the license and enter this new universe, unlocking the full potential of your company. 

Visit www.origentech.com for more information and contact us today! 

A quick comparison of the SAP solutions for Global Trade 

In today’s globalized economy, efficient management of international trade operations is paramount for businesses seeking to maintain a competitive edge.  

In this article, we will explore and compare three key SAP solutions aimed at facilitating Global Trade. No surprise here… their short names or acronyms start with GT: SAP Business Network Global Track and Trace (SAP GTT), SAP Global Trade Management (SAP GTM), and SAP Global Trade Services (SAP GTS). 

SAP GTT – SAP Business Network Global Track and Trace 

SAP GTT represents a cloud-only product within the SAP ecosystem, forming an integral part of the SAP Business Network. We can say it is the improved cloud version of SAP EM (Event Management) regarding process tracking. 

SAP GTT is a specialized tracking tool, offering real-time visibility insights into both inbound and outbound shipments. Its primary objective is to enhance performance and customer satisfaction through predictive monitoring of shipment milestones and exception alerts for any delays and impacts to customers or production. In case of exceptions, automated actions can be triggered by events. 

Outbound Shipments: 

For outbound shipments, the process is tracked within SAP systems, starting from the initial stages of the transportation journey until the transport company picks up the goods after leaving the premises. 

From the other side of the coin, if your company is a vendor for customers (and they subscribe to SAP GTT), sharing information with the system enables them to view details until the goods are picked up at your factory or facility. 

From then on, the carriers and freight forwarders must have a way to inform SAP GTT of the events that occur thereafter until the goods are physically delivered, very much like when you send a parcel through the mail with a confirmation receipt. 

Inbound Shipments: 

For inbound shipments, since the shipping and transportation data are not in your SAP Systems (except for buyer-managed transports) as a buyer or customer, there is a reliance on vendors, carriers, and freight forwarders to provide shipping information. Examples include the ASN from the vendor and transport milestones from the carriers and freight forwarders. 

There is also integration of SAP GTT with SAP Transportation Management (SAP TM), that allows for seamless synchronization between GTT’s goods tracking information and TM’s transportation management processes. This enables a holistic, real-time view of the supply chain from dispatch to final delivery, facilitating more informed and agile decision-making throughout the transportation operation. 

In a nutshell, SAP GTT offers real-time tracking and location updates for both incoming and outgoing goods. However, it does not handle tasks related to compliance, trade preference, or customs processes. These tasks include activities such as categorizing goods according to the Harmonized Tariff Schedule (HTS) for different countries, submitting customs import/export declarations, coordinating with customs brokers regarding these declarations, or calculating duties and fees. 

Please note that the effectiveness of SAP GTT’s tracking rely heavily on accurate data provided by vendors, carriers and freight forwarders, and there must be an assurance from their side and from SAP that such information will be available before you subscribe to the service. 

Official links for SAP GTT: 

• Product Page: You can find detailed information about SAP GTT on its official product page. 
• SAP Help: Please note that access to SAP Help may require SAP user credentials. 

SAP GTM – SAP Global Trade Management 

SAP GTM is a cross-industry solution (not a product) supporting logistics trading and part of the S/4 HANA suite. The main users of Global Trade Management are consumer product companies that buy and sell products but do not produce them.   

By means of a trading contract, it links essential data related to purchasing, sales, and accounting, providing detailed insight into each transaction from purchase order through delivery until the receipts of goods and settlements. In terms of its modular structure, GTM occupies a central position between Sales and Distribution (SD) and Materials Management (MM). 

SAP Global Trade Management consists of four different main functionalities: 

• Trading Contract (T/C) 
• Trading Execution Workbench (TEW) 
• Trading Expenses 
• Position Management 

As with SAP GTT, SAP GTM does not support foreign trade processes, such as compliance management, trade preference management or customs management. Instead, it focuses on managing trading contracts and integrating sales and procurement data. 

Official links for SAP GTT: 

• SAP Help: Please note that access to SAP Help may require SAP user credentials. 

SAP GTS – SAP Global Trade Services 

SAP Global Trade Services (SAP GTS) is a product that helps companies better manage global trade operations, ensures ongoing trade compliance, and optimizes the cross-border supply chain. 

From an architectural perspective, GTS operates independently from the SAP ERP system (such as SAP S/4HANA or SAP ECC), residing in a separate instance known as a “Feeder System.” 

SAP GTS evolved from the former SD-FT foreign trade functionality, and it communicates natively with one or multiple SAP ERP Feeder systems. 

SAP GTS’ first version was released more than 20 years ago, so it is a very mature product with multiple releases under its belt. 

The latest iteration, SAP GTS Edition for SAP HANA 2023, is built on the Fiori platform, offering enhanced user experience, embedded analytics, and leveraging the SAP HANA database for improved performance and efficiency. 

SAP GTS Modules: 

SAP GTS is divided into 3 different modules, each designed to address specific aspects of trade compliance and regulation: 

1. Compliance Management 

The Compliance Management module encompasses various functionalities aimed at facilitating compliance with legal requirements and mitigating associated risks.  

• Sanctioned Party List Screening (SPL): This process involves checking all business partners and documents against known lists of sanctioned or restricted parties to identify potential risks associated with prohibited entities. 

• Embargo management: This functionality scrutinizes business partners and documents against specific lists of countries or regions subject to trade embargoes, helping to mitigate the risk of engaging in prohibited transactions inadvertently. 

• Export Legal Control: This feature verifies export documents against a predefined list of controlled goods, software, or technology. It helps businesses ensure compliance with export regulations by verifying the presence of necessary licenses for controlled items. 

2. Customs Management 

When it comes to managing customs processes in the realm of global trade, the Customs Management offers a comprehensive suite of functionalities. 

• Product Classification: SAP GTS simplifies product classification according to various countries’ Harmonized Tariff Schedules (HTS), ensuring compliance and smooth customs procedures. 

• Import/Export Handling: This feature automates import/export processes, from documentation creation to declaration filing, reducing administrative burdens and ensuring compliance with customs regulations. 

• Special Customs Procedures: SAP GTS supports special customs procedures like Foreign Trade Zones (FTZ), Inward and Outward Processing Relief (IPR and OPR), and Bonded Warehouses. These procedures facilitate trade operations by offering tax and duty benefits. 

3. Trade Preference Management 

The Trade Preference Management module is vital for global trade, streamlining sales, production, and procurement processes while taking advantage of trade agreements and ensuring compliance. Key features include: 

• Request and Manage Vendor Declarations: This functionality improves communication with suppliers and ensures that necessary certificates of origin are submitted accurately and promptly by vendors. 

• Calculate Product Origin and Preference Eligibility: This feature enables organizations to maximize benefits under preferential trade agreements while maintaining compliance with relevant regulations. Rules of origin are obtained from authorized data providers, which allows automating the time-consuming and prone-error process of calculating the origin of finished products with complex bills of materials (BOMs). 

• Generate Declarations for Customers: It allows businesses to generate declarations of origin for customers, providing essential documentation to support claims of preferential treatment. This functionality enhances transparency in transactions with customers and contributes to building stronger business relationships. 

In brief, SAP GTS is a comprehensive solution that fully supports foreign trade processes providing a wide range of services related to global supply chain processes, such as facilitating customs clearance, compliance, export control, leveraging trade agreements and more. 

Official links to SAP GTS: 

• Product Page: You can find detailed information about SAP GTS on its official product page. 
• SAP Help: Please note that access to SAP Help may require SAP user credentials. 

Let us summarize: 

• SAP GTT is a business network application to get visibility of where the inbound and outbound goods are. 
• SAP GTM assists you in creating the connection between sales and purchasing that is required in a trading environment. 
• SAP GTS helps you manage the complexities of international trade related to regulatory compliance, communication with customs authorities, and mitigate risk related to preferential origin. 
   

Conclusion 

SAP offers a diverse array of solutions tailored to meet the evolving needs of businesses engaged in global trade. While SAP GTT focuses on real-time tracking and visibility, SAP GTM facilitates the management of trading contracts, and SAP GTS provides comprehensive support for foreign trade processes, including compliance management and customs clearance.  

By leveraging these solutions, businesses can streamline their global trade operations, mitigate risks, and enhance overall efficiency in today’s dynamic marketplace. 

Organizations worldwide rely on SAP integration to streamline and manage their vital data and operations across various platforms.  

With its robust and adaptable framework, the best ERP in the world enables businesses to revolutionize their workflows. While SAP integration serves as a cornerstone for business owners, it’s essential to recognize that this integration alone cannot fulfill all operational needs. 

As businesses adopt multi-application architectures, seamless connectivity between SAP and other platforms becomes imperative for optimal efficiency. 

Interestingly, 77% of the world’s transaction revenue traverses through systems like SAP, underscoring their ubiquitous presence and critical role in global business operations. 

Even in environments where multiple applications coexist alongside SAP, accessing data remains pivotal for cohesive functionality.  

Consequently, SAP integration emerges as the central nucleus within an organization’s IT landscape, facilitating seamless data flow and operational synergy across diverse platforms. 

How to Streamline Operations through SAP Integration?

In today’s rapidly evolving digital business landscape, ensuring seamless integration between SAP and complementary applications has become imperative for organizations striving to maintain their competitive edge. 

SAP traditionally serves as the central repository for critical business data, including information vital for planning, operational management, supply chain optimization, and financial oversight.  

By establishing robust connections between SAP and other applications, businesses can facilitate the smooth flow of data, empowering each system to fulfill its unique role with efficiency and accuracy.  

Furthermore, SAP’s comprehensive framework encompasses not only core master and transactional data but also a wealth of predefined checks and business rules. 

Attempting to replicate these intricate structures within secondary applications would not only be redundant but could also introduce unnecessary complexity and inefficiency into the business processes. 

In essence, prioritizing effective SAP integration is not merely a matter of technological convenience; it’s a strategic imperative for organizations looking to streamline operations, enhance productivity, and drive sustainable growth in today’s competitive marketplace. 

Best Practices for a Successful SAP Integration 

A successful SAP integration requires careful planning, execution, and ongoing maintenance. Here are some key best practices to follow: 

Planning and Strategy: 

• Define clear business goals: Before initiating the integration, clearly define the business objectives you want to achieve. This will guide the selection of tools, approach, and success metrics. 

• Identify integration points: Analyze your existing systems and processes to determine the data and functionalities that need to be integrated with SAP. 

• Choose the right integration approach: Evaluate various integration options like APIs, middleware, or pre-built connectors based on your specific needs and technical capabilities. 

• Select the right tools and partners: Consider factors like experience, expertise, and compatibility with your existing infrastructure when choosing integration tools and partners. 

Design and Development: 

• Standardize data mapping: Establish consistent data formats and structures across all integrated systems to ensure seamless data exchange. 

• Design for scalability and maintainability: Build the integration with future growth and maintenance in mind. Use modular components and clear documentation for easier troubleshooting and updates. 

• Implement robust error handling and logging: Establish mechanisms to handle potential errors during data exchange and log activity for monitoring and troubleshooting purposes. 

• Prioritize security: Implement proper security measures to protect sensitive data during transmission and storage throughout the integration process. 

Testing and Deployment: 

• Thorough testing: Conduct comprehensive testing of the integration to ensure data accuracy, functionality, and performance under various scenarios. 
• Phased deployment: Consider a phased deployment approach to minimize disruption and allow for controlled roll-out and feedback gathering. 

• User training and change management: Prepare users for the integrated system through proper training and communication to ensure smooth adoption and minimize resistance. 

Additional best practices for successful SAP integration include leveraging SAP best practices. Refer to SAP’s official documentation and resources for recommended integration approaches, tools, and guidelines. It’s also beneficial to seek expert guidance. 

Consider involving experienced SAP consultants or integration specialists to guide the process and ensure successful implementation. Additionally, focus on data quality. Ensure the quality and consistency of data across all integrated systems to avoid errors and maintain data integrity. 

By following these best practices, you can increase your chances of achieving a successful and valuable SAP integration that empowers your business processes and unlocks new opportunities. 

Why choose Origen Tech?

With over a decade of experience, Origen Tech is your best choice for maximizing the potential of the SAP universe. Our client portfolio encompasses hundreds of companies worldwide, spanning various industries and sizes.  

We are recognized for our unique expertise in SAP and specialize in different areas such as SAP S/4HANA, RISE with SAP, compliance solutions, migration, localization, tax, fiscal, and global trade.  

Our offices are strategically located in the United States, Brazil, Mexico, Argentina, Chile, and the Caribbean. Contact us through the form below, and we will forward your request to our team of experts.  

Al integrarse con SAP ERP y SAP S/4HANA®, la solución Panamá Document and Reporting Compliance para factura electrónica de Origen Technologies ofrece una variante específica de cada país de la solución global SAP Document and Reporting Compliance. 

Miami – 19 de diciembre de 2023 – Origen Tech anunció hoy que su solución Panama Document and Reporting Compliance ya está disponible en SAP® Store, el mercado en línea para SAP y ofertas de socios. Panama Document and Reporting Compliance se integra con SAP Document and Reporting Compliance on premise y ofrece una opción de extensibilidad a los clientes. 

Hoy estamos orgullosos de anunciar que, gracias a nuestra profunda experiencia en el espacio de cumplimiento y localización y en respaldo de las soluciones SAP, hemos podido construir esta solución de SAP Document and Reporting compliance para cumplir con los requisitos de facturación electrónica en Panamá. Esta es otra declaración de nuestro compromiso de apoyar a los clientes con sus necesidades legales en nuestro papel como socio de SAP”

Gustavo Colamussi – Gerente Soluciones de Localización y Factura Electrónica

Beneficios de la solución: 

• Funcionalidad integrada y recursos de extensibilidad para soportar los requisitos de facturación electrónica, como la solución global SAP Document and Reporting Compliance actualmente disponible para Chile, México, Perú, Colombia y Brasil. 
• Incluye actualizaciones para reflejar cambios legales en Panamá. 
• Cobertura global: la integración con la tecnología SAP en una única plataforma reduce el esfuerzo para mantener múltiples interfaces con software de terceros.  
• Adopción de las mejores prácticas de Origen basadas en la experiencia de la empresa y enfoque en ofrecer soluciones de facturación electrónica para empresas multinacionales con operaciones en América Latina, Asia y Europa. 

La comunicación sobre la solución se produce entre SAP ERP o SAP S/4HANA y el tercer integrador de Panamá a través de SAP Integration Suite. El tercero recibirá, validará y aprobará las facturas electrónicas en nombre de la Dirección General de Impuestos (DGI) de Panamá. Una vez que se aprueba la factura electrónica, el código CUFE (Código único de factura electrónica) de aprobación regresa a los sistemas SAP y actualiza el estado en el monitor de factura electrónica dentro de SAP Document and Reporting Compliance. 

SAP Store, que se encuentra en store.sap.com, ofrece una experiencia de cliente digital simplificada y conectada para encontrar, probar, comprar y renovar más de 2300 soluciones de SAP y sus socios. Allí, los clientes pueden encontrar las soluciones SAP y las soluciones validadas por SAP que necesitan para hacer crecer su negocio. Y por cada compra realizada a través de SAP Store, SAP plantará un árbol. 

Origen Technologies es socio del programa SAP Partner Edge. Como tal, está facultada para desarrollar, comercializar y vender aplicaciones de software que complementen y se basen en el software y la tecnología de SAP. 

Acerca de Origen Technologies 

Origen Technologies es una empresa de consultoría y desarrollo de productos y soluciones para tecnología SAP, con sede en Estados Unidos. La empresa está enfocada en ayudar a Corporaciones Multinacionales con sus necesidades de cumplimiento, localización y comercio exterior en Estados Unidos, América Latina y Brasil. La empresa también ofrece práctica de soporte de servicios de gestión de aplicaciones SAP desde sus centros de entrega en EE. UU., Brasil, México y Argentina. 

Cualquier declaración contenida en este comunicado que no sea un hecho histórico es una declaración prospectiva tal como se define en la Ley de Reforma de Litigios sobre Valores Privados de EE. UU. de 1995. Todas las declaraciones prospectivas están sujetas a varios riesgos e incertidumbres descritos en las presentaciones de SAP ante la Bolsa de Valores de EE. UU. Comisión, incluido su informe anual más reciente en el Formulario 20-F, que podría causar que los resultados reales difieran materialmente de las expectativas. SAP advierte a los lectores que no confíen indebidamente en estas declaraciones prospectivas que SAP no tiene obligación de actualizar y que se refieren únicamente a sus fechas. 

SAP y otros productos y servicios de SAP mencionados en este documento, así como sus respectivos logotipos, son marcas comerciales o marcas comerciales registradas de SAP SE en Alemania y otros países. Consulte https://www.sap.com/copyright para información y avisos adicionales sobre marcas comerciales. Todos los demás nombres de productos y servicios mencionados son marcas comerciales de sus respectivas empresas. 

Para obtener más información, presione solo: 

1-855-ORIGENT (1-855-674-4368) | info@origentech.com

By integrating with both SAP ERP and SAP S/4HANA^®, the Panama Document and Reporting Compliance solution for e-invoice from Origen Technologies delivers a country-specific variant of the global SAP Document and Reporting Compliance solution. 

Miami — December 19, 2023 — Origen Tech today announced that its Panama Document and Reporting Compliance solution is now available on SAP^® Store, the online marketplace for SAP and partner offerings. Panama Document and Reporting Compliance integrates with SAP Document and Reporting Compliance, on-premise edition and delivers extensibility option to customers.  

“Today we are proud to announce that based on our in-depth expertise within the compliance and Localization space and in support of SAP solutions, we have been able to build this Document and Reporting Compliance solution to comply with the electronic invoicing requirements in Panama. This is another statement of our commitment to support clients with their statutory needs in our role as an SAP partner.“

Gustavo Colamussi – Manager Localization & electronic Invoice solutions 

Benefits of the solution: 

• Built-in functionality and extensibility resources to support e-invoicing requirements, like the global SAP Document and Reporting Compliance solution currently available for Chile, Mexico, Peru, Colombia, and Brazil. 
• Includes updates to reflect legal changes in Panama. 
• Global coverage: Integration with SAP technology on a single platform, reduces effort to maintain multiple interfaces with third-party software. Adoption of best practices from Origen based on the company’s expertise and focus on delivering e-invoicing solutions for multinational companies with operations in Latin America, Asia, and Europe. 

The communication on the solution happens between SAP ERP or SAP S/4HANA and Panama third-party integrator via SAP Integration Suite the third party will receive, validate, and approve electronic invoices on behalf of the General Tax Direction (DGI) of Panama.  Once the electronic invoice is approved, the approval CUFE code (Unique Electronic Invoice Code) returns to SAP systems and updates the status on the electronic invoice cockpit / monitor within SAP Document and Reporting Compliance. 

SAP Store, found at store.sap.com, delivers a simplified and connected digital customer experience for finding, trying, buying, and renewing more than 2,300 solutions from SAP and its partners. There, customers can find the SAP solutions and SAP-validated solutions they need to grow their business. And for each purchase made through SAP Store, SAP will plant a tree. 

Origen Technologies is a partner in the SAP Partner Edge program. As such, it is empowered to develop, market, and sell software applications that supplement and build on SAP software and technology.  

About Origen Technologies 

Origen Technologies is a consulting and products & solution developer company for SAP technology, based in the United States. The company is focused on helping Multinational Corporations with their compliance, Localization, and foreign trade needs in the United States, Latin America, and Brazil. The company also provides SAP application management services support practice out of its delivery centers in the USA, Brazil, Mexico, and Argentina. 

Any statements in this release that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to various risks and uncertainties described in SAP’s filings with the U.S. Securities and Exchange Commission, including its most recent annual report on Form 20-F, that could cause actual results to differ materially from expectations. SAP cautions readers not to place undue reliance on these forward-looking statements which SAP has no obligation to update, and which speak only as of their dates. 

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies. 

For more information, press only: 

1-855-ORIGENT (1-855-674-4368) | info@origentech.com