Tax Audits in SAP RAM – WTS Tax Risk Examiner (T-Rex)

Increasing regulatory requirements are making it increasingly necessary to perform preventive controls to ensure the quality of tax data. Complex system landscapes, manual Excel-based controls and spot checks, and a lack of documentation significantly increase the workload. At the same time, manual controls are often error-prone, lack transparency, and have limited scalability, which frequently results in risks being identified too late.

Our SAP RAM Offering: WTS Tax Risk Examiner (T-Rex) – Predefined and Standardized Tax Controls

Our SAP Tax Risk Examiner (T-Rex) offers you predefined and standardized tax controls and audit routines for income taxes, value-added tax, and withholding tax. The audit routines are primarily applicable in Germany and Europe, but some can also be used worldwide.  

The logic behind the audit routines was developed in SAP BDC/Datasphere. As a result, the audit routines can be executed for all companies with SAP systems connected to BDC/Datasphere without any additional effort. The audit logic is delivered directly via an export/import to your Datasphere environment. 

The automated, regular execution of the checks is performed in SAP RAM. SAP delivers the audit routines at the push of a button.

SAP RAM 

SAP Risk and Assurance Management (RAM) enables the identification, assessment, and continuous monitoring of risks, as well as the assurance of effective internal controls. Through automated verification mechanisms, the solution helps companies meet compliance requirements and establish a transparent, audit-proof governance structure.

SAP Datasphere  

SAP Datasphere (as part of the Business Data Cloud) enables a centralized, harmonized data foundation by integrating a wide variety of SAP and non-SAP sources. The platform supports the modeling and provisioning of data, thereby laying the groundwork for consistent analyses and high data quality.