With governments enforcing real-time reporting and e-invoicing to combat tax fraud, non-compliance can lead to penalties, rejected invoices, payment delays, or even trading restrictions. SAP DRC ensures your business:

• Automates document creation and submission to meet legal mandates.
• Centralizes compliance for global operations, reducing reliance on multiple solutions.
• Minimizes risks and errors with automated workflows.
• Provides real-time monitoring via the eDocument Cockpit, fostering trust with authorities and partners.

SAP DRC enables businesses to generate, validate, and transmit e-invoices that comply with country-specific standards, such as XRechnung (Germany) or CFDI (Mexico). It integrates with networks like Peppol for secure invoice exchange and supports customizable invoice content with attachments. Pre-submission validation ensures compliance, reducing errors and rejections, making it ideal for both local and cross-border transactions.

SAP DRC supports a wide range of statutory reports, including:

• VAT Returns
• EC Sales Lists
• Withholding Tax Reports
• SAF-T (Standard Audit File for Tax) Reports

It automatically generates reports in required formats and submits them to tax authorities via SAP Business Technology Platform (BTP) or manual processes where APIs are unavailable, keeping reports aligned with the latest regulations.

The eDocument Cockpit is a centralized, user-friendly interface within SAP DRC for managing and monitoring compliance activities. Key features include:

• Full visibility into document lifecycles, from creation to submission.
• Real-time status updates and error tracking for quick corrections.
• Authorization management to ensure data security.
• Support for multiple countries and languages, ideal for global enterprises.

This tool simplifies compliance, improves accuracy, and enhances operational efficiency.

SAP DRC seamlessly integrates with SAP ECC, S/4HANA, and core modules like:

• SAP S/4HANA Finance: For accurate financial reporting.
• SAP Sales and Distribution (SD): For generating e-invoices from sales data.
• SAP Materials Management (MM): For processing inbound/outbound documents.
• SAP Integration Suite: For secure connections to government portals via BTP.

This integration leverages existing data, ensuring smooth compliance without additional systems.

SAP DRC supports compliance in over 55 countries, including Brazil, India, Italy, Mexico, Poland, Hungary, Saudi Arabia, Spain, and more. SAP regularly updates the solution with prebuilt content packages and country-specific templates to address new regulations, ensuring your business stays compliant globally.

SAP DRC adapts to evolving legal mandates through continuous updates from SAP, covering initiatives like the EU's ViDA or real-time reporting requirements. The compliance calendar feature helps track deadlines and obligations worldwide, ensuring timely submissions and minimizing non-compliance risks.

SAP DRC offers:

• Global Compliance: Supports 55+ countries with prebuilt, updated reporting logic.
• Automation: Reduces manual effort in document creation, validation, and submission.
• Cost Efficiency: Centralizes compliance, eliminating the need for multiple vendors.
• Transparency: Provides real-time insights and audit trails via the eDocument Cockpit.
• Scalability: Adapts to businesses of all sizes, from SMBs to global enterprises.

Yes, SAP DRC is scalable for SMBs. Its cloud edition, managed via SAP Business Technology Platform, offers a cost-effective solution without extensive IT infrastructure. Automation and centralized management reduce the compliance burden, allowing SMBs to focus on core operations while meeting regulatory requirements.

• SAP eDocument Framework: Focused on generating electronic documents but lacks real-time connectivity.
• SAP Advanced Compliance Reporting (ACR): Emphasized statutory reporting without full e-invoicing capabilities.
• SAP DRC: Combines and enhances both, offering real-time e-invoicing, statutory reporting, government integration, and a modern cloud-based approach for comprehensive compliance.

Implementing SAP DRC involves:

• Assessing your compliance needs and SAP setup.
• Configuring SAP DRC for country-specific regulations and system integration.
• Leveraging tools like the eDocument Cockpit for streamlined operations.
• Ensuring ongoing support for regulatory updates.

Partnering with Titan Eagle Consulting ensures a smooth implementation. Our experts provide:

• Readiness assessments to identify compliance gaps.
• Tailored configuration and integration with your SAP systems.
• Fast-track deployment to meet urgent deadlines.
• Ongoing support to adapt to changing regulations.

Non-compliance can result in penalties, rejected invoices, payment delays, or trading restrictions. Titan Eagle Consulting can fast-track SAP DRC deployment, prioritize critical features, and implement interim solutions to keep your business compliant.

Visit the SAP Help Portal for detailed documentation and guides or explore the SAP Community for blogs and updates.
For personalized guidance, contact Titan Eagle Consulting at info@titaneagle.ca to discuss how SAP DRC can transform your compliance strategy.