CereTax for procure-to-pay (P2P) automates the discovery of use tax variances on purchases, the difference between what you are charged and what you owe.
CereTax for procure-to-pay (P2P) automates the discovery of use tax variances on purchases, the difference between what you are charged and what you owe.
These subjective factors lead to an objective outcome
Prevents missing data points in tax rate calculations
Ensures accurate use tax payments, preventing overpayment or underpayment
Provides accuracy directly from the product, eliminating the need for a consultant
Supported by tax experts with experience drawn from a variety of legacy vendors
Solves your indirect tax problems quickly during implementation and beyond
Balances the efficiency of automation with personalized support
How It Works
CereTax for P2P Solution Workflow
Step 1
Integrate / Communicate
In milliseconds CereTax receives and returns the information to the purchasing (PO/AP) platform. In addition to a real time API call, a secondary batch upload can provide an increased level of accuracy.
Step 2
Calculate & Respond
CereTax sends the relevant information back to the purchasing platform or ERP and stores the necessary data for reporting.
Step 3
Managing Results
Tax Variances — the difference between the tax that a vendor charges and the tax that CereTax calculates — represents a key objective of P2P. Identifying where vendors are over charging or undercharging tax is simple and intuitive.
