KSA to transform revenue collection with SAP
Department of Zakat and Income Tax will be able to match and mine data to find potential fraud
The Kingdom of Saudi Arabia's Department of Zakat and Income Tax (DZIT) has announced a transformation of its revenue collection with SAP.
KSA is developing its knowledge-based economy, with the DZIT collecting SAR 20bn in revenue in the first half of 2014.
"By gathering and analysing Big Data from a variety of sources, the Kingdom's Department of Zakat and Income Tax can match and mine data to find irregularities and potential fraud, which in turn would increase government revenue," said Ahmed Al-Faifi, Managing Director, SAP Saudi Arabia. "The SAP HANA platform will also enhance citizen services by supporting DZIT's online and mobile expansion."
SAP and systems integrator Invenio are providing the DZIT with the integrated business software platform in a bid to make revenue collection faster, more efficient, and more accurate.
In May 2015, the DZIT will deploy the SAP Fraud Management and SAP Public Sector Revenue Management solutions, powered by the SAP HANA platform.