Tuesday, 23 April 2024

msg started a cooperation with WTS Digital in April 2024. With immediate effect, the two companies are pooling their expertise and expanding their service offering in the SAP environment. The aim is to increase the efficiency of tax processes. In doing so, msg contributes comprehensive know-how in dealing with the latest SAP technologies and the development of tailor-made IT solutions, while WTS contributes a deep understanding of global tax legislation and tax optimization strategies.

The focus of the cooperation is on forward-looking IT solutions and projects designed to improve the technical software support of clients in the tax area. A specific SAP Fiori solution for the "Pillar Two" tax system has already been successfully implemented as an add-on to SAP Profitability and Performance Management (PaPM). In addition, the development of a comprehensive SAP-based application in the area of tax reporting is planned. These integrated solutions combine the complexity of tax legislation with advanced IT systems to lower compliance costs and to optimize business processes.

Axel Kotulla, Chief Customer Officer Insurance at msg, stresses: “msg is known and valued in the market as a reliable technical and insurance partner. With the tax and finance expertise of WTS, we can expand our portfolio and implement projects for which our customers previously had to call in other suppliers themselves."

Florian Oehl, Managing Partner at WTS Digital and Digital service line lead, emphasizes: "The cooperation enables us to optimally use synergies as well as profound knowledge of the functional requirements and technical implementation options in mandate business. The partnership is also characterized by a very large network of experts that both companies can access, and clients can be supported with an even broader holistic offering."