Digital tax compliance and risk management with SAP RAM

With SAP Risk and Assurance Management (SAP RAM), organisations can systematically develop their tax control framework. The solution helps tax departments to structure and automate manual control processes and manage them consistently across relevant processes. Tax risks, controls and anomalies are recorded centrally and continuously monitored based on existing SAP data.

Automated checks enable deviations to be identified at an early stage, processed in a structured manner and documented in an audit-proof way. This creates a transparent and robust foundation for tax risk management in day-to-day operations as well as in the context of internal and external audits.

Many companies have established control processes that are only partially automated and whose effectiveness can only be assessed to a limited extent. The white paper "Next Level Tax Compliance" demonstrates how SAP RAM standardises these structures, employs automated procedures for the early identification of tax discrepancies, and systematically maps investigation and correction processes.

The publication provides a structured overview of the architecture, functions, data flows and integration of SAP RAM into the SAP system landscape. It offers a solid foundation for evaluating the implementation of a modern tax risk and control framework within your own organisation.

SAP RAM enables the structured identification and assessment of tax risks, the assignment of appropriate controls, and the continuous execution of automated checks. Deviations are converted into tasks, responsibilities are clearly assigned, and processing steps are documented in an audit-proof manner.

Furthermore, the white paper demonstrates how company-specific requirements can be addressed through additional audit procedures, for example to account for specific tax considerations or industry-specific risks.