Panama

Panama Document and Reporting Compliance Solution by Origen Tech Now Available on SAP® Store

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

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