Challenge
A multinational client, a global leader in the glass packaging industry, continues to expand its footprint across Europe. With operations in multiple countries and a diverse product portfolio, the company faced mounting challenges in meeting evolving tax and legal reporting requirements.
In Romania, Poland, and Belgium, new mandates for digital reporting and e-invoicing placed significant strain on the client’s existing financial processes. Traditional manual methods were no longer sufficient, creating risks of non-compliance, penalties, and resource inefficiencies. The client needed a trusted partner with expertise in SAP solutions and local tax regulations to modernize and future-proof its reporting processes.
KGT’s Solution
The client partnered with KGT to implement SAP Digital Reporting and Compliance (DRC) - a solution designed to centralize, standardize, and automate tax reporting across multiple jurisdictions.
KGT’s approach included:
- A detailed analysis of each country’s specific legal requirements.
- Tailored configuration of SAP DRC for:
- Romania’s e-invoicing system (RO e-Factura)
- Poland’s KSeF (National e-Invoicing System)
- Belgian digital reporting obligations
- A meticulously planned implementation strategy, ensuring seamless integration and minimal disruption to the client’s ongoing operations.
Results
- 100% Compliance & Reduced Risk: Fully automated reporting minimized manual errors and ensured continuous compliance, giving the client peace of mind.
- Increased Efficiency: Automated data extraction and submission freed up the finance team from repetitive tasks, enabling them to focus on strategic priorities.
- Enhanced Visibility & Control: A centralized dashboard within SAP DRC provides real-time monitoring and transparency across three countries.
- Scalability for the Future: The flexible solution allows the client to adapt quickly to new regulations and extend coverage to additional markets.
Impact
The SAP DRC implementation not only resolved immediate compliance challenges but also transformed the client’s compliance strategy. By automating and centralizing tax processes, the company has reinforced its reputation for operational excellence and regulatory integrity.
With a scalable, future-ready solution in place, the client is now better positioned to expand into new markets, respond swiftly to regulatory changes, and sustain long-term growth.
Looking to future-proof your tax compliance processes with SAP DRC?
Let’s talk. KGT helps multinational companies achieve compliance with confidence.
