IBM, SAP to Automate Egyptian Tax System

The Egyptian Ministry of Finance announced its collaboration with IBM (NYSE: IBM) Consulting and SAP SE to help automate the Egyptian tax system as part of the Egyptian government’s digital transformation strategy.

With taxes representing more than 75% of the general revenues of the state, the Egyptian Ministry of Finance kicked off a comprehensive national project for the automation and digitalization of the Egyptian Tax Authority processes and procedures.

The objective is 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.

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.

It will 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.

As part of the collaboration, IBM implemented IBM Cloud Pak for Business Automation designed to infuse AI into the Ministry’s processes and provide taxpayers, tax officers and collectors with a smoother, more automated, and well-governed taxation journey. 

According to IBM, this can enhance accuracy in taxpayers’ submissions, drive deeper understanding of the tax process and enable the Ministry to focus on higher-value work like minimizing tax evasion and helping increase national tax revenue.

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 says it 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.