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Over the years, companies have been replacing paper invoices with electronic versions to improve agility and to gain better insights into their business. In recent years, however, tax authorities and governmental organizations in an increasing number of countries have begun enforcing the use of electronic invoicing (e-invoicing) by law to combat fraud and save costs, meaning that for many global businesses, moving to e-invoicing is no longer optional. This article introduces SAP Document Compliance and shows you how this solution enables you to meet e-invoicing regulations in various countries efficiently, confidently, and securely.

New tax rules and a historic US Supreme Court ruling, South Dakota v. Wayfair, are rapidly changing the tax regulation landscape. The complex compliance requirements of Wayfair, which allows states to collect sales taxes on certain out-of-state transactions, are leading many companies to investigate integrating automated sales tax solutions within their SAP system. Take the quiz at the end of this article to discover whether your company is affected by the Wayfair ruling. 

Natura, a leading manufacturer of cosmetics, hygiene, and beauty products in Brazil, is passionate about sustainability. With ingredients that are 83% renewable in recyclable packaging, the company stays true to its roots and puts an emphasis on positively affecting the environment. But as the company continued to grow and sales orders came in at an overwhelming rate of 300 requests per minute, it became clear that sales ordering processes would need improvement to be sustainable for future business. Hear how Natura leveraged SAP Cloud Platform to build SAP Fiori apps not only that improved sales order tracking to achieve greater insights, but also served as a launching point for future app development — with 70% quicker development cycles and 40% reduced costs.

While digital transformation has been a revolutionizing force for many aspects of the organization, this isn’t always the case for the journal entry process. Routings and approvals are still often handled manually through emails, spreadsheets, and physical signatures, which can cause delays and a lack of transparency into financial close processes. And when it is time for an audit, the finance team must scramble to find all the missing pieces to the journal entry puzzle.

During a recent SAPinsider Online Q&A session, Dolphin’s Chief Strategy Officer Brian Shannon and Chief Technology Officer Vishal Awasthi answered live questions from attendees on the journal entry process, including best practices for achieving a single view across the enterprise, opportunities for simplification and automation, tips for efficient compliance and reporting, and how the Dolphin Journal Entry solution can help organizations achieve a faster, more secure financial close. The following is an abridged version of the questions answered by Brian and Vishal during the Q&A session. The full transcript is available on SAPinsider Online at bit.ly/DolphinQandA.

The biggest challenge presented by the Internet of Things (IoT) is maintaining the integrity, authenticity, and privacy of critical business data. Security teams are faced with the daunting task of verifying that data sent from a multitude of devices are both accurate and safe. Learn what crucial security measures are needed for the age of IoT and how SAP HANA Cloud Platform for Internet of Things can provide a standards-based approach to secure authentication between devices and help companies better protect themselves.