CBAM 2027: How and why companies should act now
With the CBAM (Carbon Border Adjustment Mechanism), the EU is creating a new instrument that promotes climate-friendly production worldwide by bringing climate-damaging imports more into line with European environmental standards. A transition phase will apply until February 2027, but inaction would be a costly risk. In this article, we show why companies should take action now, which products are affected, and what specific changes the latest legislation will bring.
E-invoices in the B2B sector
From 1 January 2025, the acceptance of electronic invoices will be mandatory for all companies in the B2B sector. From 1 January 2026, companies must create and send all invoices in the B2B sector electronically.
Seamless logistics in the SAP sales process: Why 3PL integration is crucial now
PEP lists are increasingly becoming the focus of regulatory authorities, and not just in the financial sector. PEP checks are also becoming increasingly important for SAP user companies with international business relationships or public sector clients. But what does this mean in concrete terms for compliance processes? And how can such audit obligations be efficiently integrated into SAP systems?
PEP lists in compliance: What companies should know when checking business partners
PEP lists are increasingly becoming the focus of regulatory authorities, and not just in the financial sector. PEP checks are also becoming increasingly important for SAP user companies with international business relationships or public sector clients. But what does this mean in concrete terms for compliance processes? And how can such audit obligations be efficiently integrated into SAP systems?
New free trade agreements with the EU: What is the status of the Mercosur agreement?
The Mercosur-EU trade agreement gives the EU access to one of the largest domestic markets in Latin America. With Argentina, Brazil, Paraguay and Uruguay as partners, the agreement strengthens the export of EU goods - with a trade volume of 56 billion euros (2023), this is a significant step for the European economy.
16th EU sanctions package against Russia and no end to the measures in sight
CBAM - Omnibus initiative: focus on simplification and effectiveness The European Commission's Omnibus Initiative aims to simplify the Carbon Border Adjustment Mechanism (CBAM) while maintaining its effectiveness. These reforms entail significant changes that include both simplifications for companies and stricter enforcement of the regulations.
CBAM - Omnibus initiative: focus on simplification and effectiveness
CBAM - Omnibus initiative: focus on simplification and effectiveness The European Commission's Omnibus Initiative aims to simplify the Carbon Border Adjustment Mechanism (CBAM) while maintaining its effectiveness. These reforms entail significant changes that include both simplifications for companies and stricter enforcement of the regulations.
SAP Cloud: Ready & on Point – Next Steps in the SAP Transformation
With the extension of ERP maintenance until 2033, companies have more time to make the switch to S/4HANA. At the same time, SAP continues to focus on the cloud as its strategic future. This development has implications for companies’ migration planning, business processes and IT strategy.
SAP Cloud: Ready & on Point - Requirement for development teams
SAP Cloud Ready: Learn how development teams can prepare extensions and custom developments for SAP S/4HANA Cloud.
The Windsor Framework - New trade arrangements for Northern Ireland and Great Britain
With the Windsor Framework, the European Union and the United Kingdom have created a new basis for the trade in goods between Great Britain and Northern Ireland. The agreement, which was presented in February 2023, replaces the previous Northern Ireland Protocol and is intended to reduce barriers to trade without jeopardising the integrity of the EU single market. A key innovation is the dual-track system for the movement of goods. A ‘green corridor’ enables simplified procedures for products that remain in Northern Ireland, while a ‘red corridor’ is provided for goods that are transported further into the EU and are subject to the usual customs and health checks. Companies must be fully converted to the new regulations by 31 March 2025.