Lucasys Income Tax Suite Launches on SAP® Store

We’re excited to announce that Lucasys’ suite of tax applications is now available on the SAP® Store! This milestone follows our recent partnership within the SAP® PartnerEdge® Open Ecosystem, reflecting our commitment to delivering innovative, purpose-built solutions for rate-regulated utilities and asset-intensive businesses.

Our tax suite – which includes Lucasys Tax Depreciation, Deferred Tax, TBBS, and Copilot – seamlessly integrates with SAP S/4HANA® and other SAP solutions. This integration ensures that customers managing complex tax and regulatory requirements can leverage a secure, intuitive, and efficient platform that automates critical tax processes.

As Daniel Chang, our Chief Operating Officer, stated:

“Bringing Lucasys Tax applications to the SAP Store underscores our commitment to fostering innovation and flexibility for utilities and asset-intensive businesses. With this integration, customers can enhance their SAP environments with modern, purpose-built tax solutions that simplify processes, improve compliance, and unlock actionable insights.”

Key Features of the Lucasys Income Tax Suite:

• Integrated Tax Applications: A unified experience across tax accounting, tax compliance, and tax forecasting.

• Enhanced Usability: Simplified workflows that reduce data maintenance burdens and accelerate onboarding.

• Flexible Reporting: User-driven reporting for improved data confidence and decision-making.

• Data-Driven Insights: Actionable analytics to support proactive tax planning.

• Scalable Solutions: Tailored for large enterprises and asset-intensive organizations.

At Lucasys, we understand the challenges of managing taxes in an evolving regulatory environment. Our tax solutions are built to not only meet today’s demands but to future-proof your tax processes as your organization grows and adapts.

Learn more about Lucasys tax solutions and their availability in the SAP Store here or visit the SAP® Store.

Further Reading:

• Lucasys Unveils Tax Provision, Expanding Income Tax Suite

• Lucasys Completes SOC2 Certification Renewal

• Leading Michigan Utility Implements Lucasys Tax

• Lucasys Joins Oracle PartnerNetwork (OPN)

• Lucasys Aquires PorterLogic

• Lucasys Welcomes 21st Customer as More Utilities Move to Lucasys Tax

• Hope Utilities Expands Use of Lucasys Solution with Deferred Tax Application

• WEC Energy Group Selects Lucasys Tax to Enhance Integration and Compliance Processes

• Lucasys Completes Two Phases in AEP’s Tax Technology Transformation, Building on Past Successes with Lucasys-led Solutions

• Summit Utilities Transforms Tax Fixed Assets with Lucasys Software