
SAP S/4HANA Finance and Central Finance: State of the Market 2023
The U.S. software industry is witnessing an escalation in sales complexity, attributed to rising sales distribution channels such as through marketplaces, software integrators, resellers and consulting partners. This coincides with businesses encountering significant cost pressures due to intense competition, resulting in aggressive expansion across newer regional markets and segments. Consequently, enhancing compliance measures for sales and use tax has become paramount to protect profit margins against potential audit penalties.