Mondi has chosen Meridian’s VAT determination as an add-on to SAP

Meridian’s VAT Add-on provides Mondi with accurate and reliable VAT determination on complex worldwide sales transactions

Client

Mondi

Solutions used

VAT Add-On

Background

Mondi is a leading global packaging and paper group with a focus on being sustainable by design. Being a globally diversified business, it is important for Mondi to have a reliable and correct VAT determination process using their SAP S/4 Hana system.

Mondi has chosen Meridian’s VAT determination as an add-on to SAP. Meridian’s VAT Add-on provides Mondi with accurate and reliable VAT determination on complex worldwide sales transactions.

Categories
  • Packaging

Before: Tax challenges for Mondi

  • 1

    Limited business opportunities

    Limited business opportunities due to restricted SAP VAT logic for complex and exceptional business cases.

  • 2

    Use of external IT resources

    AT logic maintenance was outsourced and maintained by external tax/IT experts.

  • 3

    Condition records

    Unmanageable number of condition records in a very limited SAP VAT logic

Why Meridian?

  • Possibility of in-house maintenance of VAT logic
  • Transparent and user-friendly VAT logic that can be managed even by non-IT experts
  • Ability to meet critical and urgent business needs in the area of indirect taxation
  • Understanding and implementation of specific customer needs

After : Value driven results and improvements in tax efficiencies

Using the Meridian VAT Add-on, Mondi has achieved greater flexibility in the VAT determination process. The need for outsourcing has been reduced allowing for quicker responsiveness to changes.
Flexibility

Mondi have numerous options within the Meridian VAT logic

Reduced outsourcing

In-House monitoring and maintainance

Greater responsiveness

Meeting the needs of customers in day-to-day business

Support

Ongoing support from the Meridian team after the GoLive

``With Meridian by our side, no tax logic task is impossible for us. We are able to cover all business cases and ensure that we meet the various local VAT requirements around the world. Prior to Meridian, we were severely limited in our business due to the simple SAP VAT Logic. With Meridian, our possibilities are limitless, not only because the product is very good, but also because of their continuous support.``
Joerg Popp Head of Tax at Mondi Paper Sales