IBM and SAP have signed on to automate the Egyptian tax system in collaboration with the country’s finance ministry as the North African country works on its digital transformation strategy.
IBM Consulting, in collaboration with its strategic partner SAP, is providing an integrated solution that is based on the SAP Tax and Revenue Management for Public Sector package. The package is designed to equip the Ministry of Finance with a comprehensive business operations automation platform to help streamline and automate its business processes into intelligent workflows, enhance collaboration and elevate its citizen experiences. The system was successfully piloted with 10 tax offices in Greater Cairo and will continue to expand across Egypt later this year.
Taxes represent more than 75 percent of Egypt’s general state revenues, and the Egyptian Ministry of Finance kicked off a comprehensive national project for the automation and digitalisation of the Egyptian Tax Authority processes and procedures to integrate the informal economy into the formal economy, enhance governance over tax return, list the tax community more accurately, and expand the tax base, to lay the foundations for tax justice, and fair competition in markets.
The modernisation of the current taxation system is also part of the Unified Tax Law and the national vision to maximize public revenues,” Dr. Mohamed Maait, Minister of Finance, said. “The Ministry is keen to adopt advanced technology in its reform agenda which is why we selected IBM and SAP as partners for the modernization of the tax core system and empowering the e-payments strategy.” This is the latest example of how IBM is collaborating with ecosystem partners like SAP to help clients modernize their infrastructure and address the needs of the hybrid cloud era. IBM has committed to a $1 billion investment in its partner ecosystem over the next three years. This investment is already supporting collaborations to support customers as they migrate their mission-critical workloads to the hybrid cloud.
