Tax Experts Present on Using Information Technology for Corporate Tax Savings
Sabrix to Present and Exhibit at ASUG 2005 Annual Conference
SAN RAMON, Calif. – April 28, 2005 — Sabrix, Inc., the leading provider of Consolidated Transaction Tax Management™ applications, will be presenting at the America's SAP Users Group (ASUG) conference being held next week, in Anaheim, California. Sabrix tax experts will demonstrate how technology can consolidate corporate global transaction tax management processes for sales, use and value-added taxes (VAT) to reduce transaction costs, optimize cash flows and ensure compliance.
The ASUG 2005 Annual Conference runs May 1-4, 2005, and gathers SAP experts and customers to share real-world success stories on the most pressing issues facing businesses today. Sabrix will also exhibit at the event in booth 724.
| WHO/WHAT: | Mike Swope, Sabrix Product Manager and Stefan Blumer, Senior Manager, SabrixConnection Development "Consolidating Transaction Tax to Meet Global Challenges" |
| WHEN: | Monday, May 2, 2005, 1:30-2:00pm |
| WHERE: | ASUG 2005 - SAP Partner Solution Seminars Vendor Fair, ASUG Theater 2 Anaheim Convention Center |
Swope and Blumer will present the tax challenges faced by global companies and how using a consolidation transaction tax management approach, in connection with their SAP solution, can minimize the complexity of tax decisions by sales, purchasing, and accounting personnel during transaction processing. Case examples will be presented on current SAP customers using Sabrix to manage worldwide requirements for tax calculation and financial reporting with support for each step in the business process - from procurement to payment and from quote to cash.
About Sabrix
Sabrix, Inc. is a leading provider of transaction tax management for companies of all sizes, enabling finance, tax, and IT professionals to achieve accurate, timely, and cost-effective compliance for sales tax, use tax, Value Added Tax (VAT), excise tax and industry-specific taxes and fees. The Sabrix Application Suite serves global enterprises such as Amazon.com, BASF, Cisco, DTE Energy, IBM, QUALCOMM, Sportsman’s Warehouse, and York International. The Sabrix Application Suite seamlessly connects to all financial applications requiring the determination, calculation, and recording of transaction taxes. The company also offers the Sabrix Managed Tax Service™ (MTS), an outsourced transaction tax compliance service that helps finance departments of small-and-medium-sized businesses eliminate the hassle, control their audit exposure, and reduce the total cost of sales tax, use tax, and VAT compliance. Sabrix MTS seamlessly integrates with a company’s existing accounting and e-commerce systems, and, similar to outsourced payroll services, operates as a trusted extension of a company’s finance department to address tax compliance from start to finish: address validation, tax rate maintenance, tax determination and calculation, returns preparation and filing as well as audit research and documentation. For more information, please visit www.sabrix.com.
For press inquiries:
Kurt Foeller
Foeller Communications
sabrix@foellercom.com