SAP wins Gold Stevie® Award for SAP Document and Reporting Compliance in 2024

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Although the Olympics have concluded, the award season continues for SAP.

SAP won the prestigious International Business Stevie Award, taking home the Gold award for compliance solution.

This award is won with SAP Document and Reporting Compliance, a solution that enables compliance for legally mandated electronic invoicing, electronic reporting, statutory reporting, and audit requirements for 55+ countries. The solution is built on SAP Business Technology Platform.

About the solution

As global tax authorities increasingly adopt digital invoicing and reporting regulations, SAP Document and Reporting Compliance serves as a central hub for businesses to meet these evolving legal requirements. The solution supports electronic invoicing, electronic reporting, statutory reporting, and audit requirements globally, simplifying and standardizing operational processes end-to-end. Currently, it offers over 500 scenarios, up from 440 in 2023, across 58 countries.

The International Business Awards are the world’s premier business awards program. The 2024 edition received entries from organizations in 62 nations and territories.

More than 3,600 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration. 

Here are a few quotes from the Stevie Award judges:

“Errors in tax reporting are costly. Even more in companies operating worldwide. The SAP system is a must for smooth operations and auditing.”

“SAP Document and Reporting Compliance is a robust and innovative solution that streamlines compliance processes, ensuring businesses can efficiently meet local legal requirements.”

“SAP’s plans to integrate advanced AI capabilities, such as Joule, and the upcoming market-leading innovation for handling auto-populated tax returns, illustrate the company's dedication to future-proofing compliance processes.”

Stevie Award winners were determined by more than 300 executives worldwide. Details about the International Business Awards and the lists of Stevie Award winners are available at www.StevieAwards.com/IBA.

If you would like to learn more about SAP Document and Reporting Compliance, join us for the SAP Document and Reporting Compliance Virtual Summit 2024, a global virtual event that will take place on September 18 and 19. Learn more and register now.

About the Stevie Awards

Stevie Awards are conferred in nine programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, the Stevie Awards for Sales & Customer Service, and the Stevie Awards for Technology Excellence. Stevie Awards competitions receive more than 12,000 nominations each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at www.StevieAwards.com.