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Tech news: Drake Software releases DrakePay for accounting pros

January 26, 2024
in Accounting
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Tech news: Drake Software releases DrakePay for accounting pros
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Wolters Kluwer announced that multinational companies that use the SAP Document and Reporting Compliance solution can now manage their U.S. local and state indirect tax filing obligations within SAP S/4HANA. This new functionality is made possible thanks to a new, native integration between the SAP Document and Reporting Compliance solution and the Wolters Kluwer CCH SureTax solution. Previously, users of SAP Document and Reporting Compliance have needed to utilize a separate solution, outside of SAP S/4HANA, to automate the way they visualize, report on and comply with constantly changing U.S. indirect tax rules, which vary at the state, local municipality and county levels. This new, native integration will change that, by incorporating the features and functionality of the Wolters Kluwer CCH SureTax solution into the SAP Document and Reporting Compliance solution. … Crypto accounting solution TaxBit has been selected by Gemini, a prominent cryptocurrency exchange, as its CESOP reporting solution. The collaboration aims to streamline Gemini’s reporting obligations across the EU to ensure adherence to Central Electronic System of Payment guidance and local jurisdiction intricacies. … Big Four firm E&Y and ServiceNow, a digital workflow solutions company, expanded their strategic alliance to provide solutions for generative artificial intelligence compliance, governance and risk management. The EY organization will also use ServiceNow’s Now Assist GenAI capabilities to bring enhanced experiences to EY professionals and clients. 

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