Case Study: Bionorica achieves greater transparency and fewer tax violations with SAP Excise Tax Management

How Does Digital Excise Tax Management Contribute to the Future of Plant-Based Medicine

Bionorica, a German life sciences company specializing in herbal medicinal products, needed a way to manage excise goods more effectively as it used alcoholic substances subject to excise tax. To avoid legal issues and costly penalties in Europe and Germany, the company turned to SAP Excise Tax Management, along with SAP Services and Support, to gain better control over its excise tax obligations.

SAP implemented a digital solution that tracks excisable products in real time, calculates tax values, and prepares declarations. As a result, Bionorica improved process transparency, gained clearer insight into excise goods movement, and reduced the risk of unintentional tax evasion and related fines.

Bionorica

Michael Rödel

Chief Financial Officer