After initial implementation and mapping, the program directly syncs with the business’ ERP/accounting platform to automatically calculate tax all along the quote-to-cash and procure-to-pay, including sales quotes, sales invoices, purchase orders, purchase invoices, etc., with appropriate GL entries. Integration is available for businesses using Microsoft Dynamics GP and NAV, Oracle, and SAP R3 or BusinessOne, as well as a batch-file upload via FTP and custom integrations via pubic facing web-service or .NET or JAVA SDK.
Sabrix MTS also offers SAP Business Objects analysis tools to deliver drilldown managerial, reconciliation and compliance reporting, including summary and detail reports by jurisdiction, transaction extracts, exemption lists, calendars and transmittal letters, which can be generated to Microsoft Office formats, as well as XML and text.
The primary interface for users is the management center, which offers quick access to reporting, analysis and system utilities, with the web-based system offering guidance and instructions. The Sabrix Resource Center website has an impressive library of demos, case studies, a blog, webinars, updates on recent sales tax changes, and additional tools such as a quick tax rate finder and calculator. Live technical support is included with system pricing.
SUMMARY & PRICING
Sabrix MTS is a comprehensive and powerful system for automating and outsourcing sales tax compliance for businesses with high transaction volumes across dozens or more taxing jurisdictions. Pricing for the system is based on the transaction levels, with an integrated full-service version for 10,000 transactions per year costing less than $5,000. The system is best suited to mid-sized and larger entities looking to streamline the workflow and potential liabilities faced by their internal tax departments.