Why VAT Recovery?
Although you may already have a VAT recovery process for travel and expenses, in today’s belt-tightening climate, financial decision-makers like you are asking tough questions about their VAT recovery efforts:
• Is your current VAT recovery service provider delivering on their promise?
• Are all your VAT-eligible travel expenses, of all types and for all locales, being effectively submitted?
• Is the high overhead of manual expense aggregation and validation worthwhile?
• Are your VAT returns as high as they could be?
VATBox for Concur enables you to:
• Automatically recover a significant percentage of your travel and expense spend in countries eligible for VAT reclaim
• Enjoy complete visibility and integrity of your transaction data, tightening travel and expense control & governance
• Gain insights into other potentially-refundable VAT sources
How does it integrate with Concur?
Seamlessly connecting to Concur, VATBox handles both structured and unstructured foreign travel and expense VAT expenses - without raising data aggregation and qualification overhead. The end result: a smoother VAT recovery process, and dramatically higher VAT refunds.
Once you’ve activated the VATBox Concur app, relevant travel and expense data is automatically transferred to VATBox. There’s no need to manually upload reports or data. VATBox immediately starts processing this data, and notifies you regarding VAT recovery options.
About VATBox
VATBox leverages existing organizational data and processes to streamline VAT reporting and maximize returns. Our automated tools handle both foreign and domestic VAT claims faster and more effectively, without resource-consuming
Manual, data aggregation and qualification.
For more information, please contact us through this application, and we will respond promptly!