Why MATRIX is the preferred solution

2023-12-05T15:26:48+00:00

MATRIX is a complete, out-of-the-box solution that provides technology, services and maintenance from SAP® solutions integration experts, Mandant. MATRIX provides three levels of Coupa integration to SAP® technology: A “Light Touch” OK to PAY Purchase to Order process Complete Purchase to Pay integration Let’s examine each option: 1. A “Light Touch” OK to PAY In the OK to Pay scenario, Coupa is used to manage the entire procurement process up to the point of payments being made. At this point, the payment details are sent to SAP® system for processing. Master data (supplier/vendor) is mastered in the ERP system along with cost objects to be used in Coupa (GL Codes, Cost Centres, Internal Orders, WBS Codes, Assets etc.) 2. Purchase to Order Process Some elect [...]

Making Tax Digital for SAP® software – the easy way. HMRC Approved.

Aubergine2023-12-05T15:26:49+00:00

Making Tax Digital (MTD) for VAT came into effect from April 2019. Since then VAT registered businesses are required to keep their records digitally and submit their VAT returns to HMRC using software which is compatible with MTD for VAT. MATRIX MTD for SAP® solutions uses standard SAP® technology and, unlike any other solution, offers a completely automated, fully supported and maintained, HMRC compliant solution on a subscription model basis. OPTION 1 Two stage manual process It is possible to use a SaaS cloud based solution on the Localisation Hub and the Advanced Compliance Reporting Service (SLH ACR Service) to compile the VAT return. This solution means a user will need to login to a cloud based SAP® application to retrieve the data from their [...]