Ryan’s PinPoint 7.1 Tax Calculation Engine Achieves Certified Integration with SAP Applications
Press Release
DALLAS (Nov. 19, 2019) – Ryan, a leading global tax services and software provider, announced that the Firm’s tax calculation engine, PinPoint™ 7.1, has achieved certified integration with SAP applications. This intelligent sales and use tax solution has been certified to integrate with SAP applications, which will improve accuracy, compliance, and productivity for Ryan’s clients.
To achieve certified SAP integration, SAP partners are required to meet a stringent set of requirements that are based on the needs and priorities of the customer. The tests include a standard set of scenarios promulgated by SAP against which vendors must demonstrate they can produce the correct results.
The certified integration provides PinPoint 7.1 the functionality to allow accurate and real-time tax calculations using a fully certified solution for jurisdiction determination, Sales and Distribution (SD), Materials Management (MM), and the Finance (FI) function modules. This integrated solution will address the root cause of tax calculation errors that most often result from manually updating rates and misinterpreting complex tax rules in multiple jurisdictions.
“The SAP certification is a major accomplishment and improves client service and value by ensuring these applications will work together smoothly,” said President of Ryan Software Jayme Fishman.
PinPoint 7.1 is the industry’s leading intelligent tax calculation engine available for improving accuracy, enabling tax compliance, and mitigating risk. Utilizing a unique matrix weighting structure and a “no-default” transaction handling mechanism, PinPoint 7.1 improves efficiency by providing the ability to effectively manage sales and use taxes for procurement activities in a process-oriented manner. Once implemented, PinPoint 7.1 becomes the system-of-record for the tax department by warehousing transactions in a logical and organized manner to facilitate not only the day-to-day activities of the tax function but also ensuring reliable audit defense through embedded, client-specific tax research.
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.
About Ryan
Ryan, an award-winning global tax services and software provider, is the largest Firm in the world dedicated exclusively to business taxes. Headquartered in Plano, Texas, the Firm combines deep tax expertise with practitioner-built technology and comprehensive consulting, compliance, and advocacy capabilities. Supported by the acclaimed myRyan work environment, more than 7,600 team members are empowered to deliver exceptional results for more than 87,000 clients in over 80 countries, including many of the world’s most prominent Global 5000 companies. Driven by a commitment to client advocacy, Ryan helps businesses pay only what they owe, freeing capital to invest, grow, and thrive. More information about Ryan can be found at ryan.com.
MEDIA CONTACT
Melodie Elliott
Director, Content and Communications Marketing
Ryan
972.934.0022
melodie.elliott@ryan.com