VAT\GST Reclaim for Business
Fully Automated VAT\GST
Reclaim for Business
Get VAT\GST back faster with our proprietary,
end-to-end VAT\GST recovery platform
Every year, $20 billion in unclaimed VAT\GST is lost. To most businesses, the money is already spent, and trying to file claims in foreign languages or risking running afoul of the local tax authorities simply isn’t worth the hassle.
Until now. WAY2VAT’s fully compliant VAT\GST recovery tool helps businesses recover more VAT\GST faster.
There are three primary VAT\GST reclaim domains that
WAY2VAT helps enterprises with.
Foreign and local VAT\GST reclaim for enterprises
enables businesses to recover refunds from over 40 nation’s tax authorities for expenses incurred by employees on business trips. The platform seamlessly integrates with leading EMS, ERP and accounting systems, effortlessly pulling our spending data and analysing all expenses.
VAT\GST reclaim on account payable invoices
Additionally, WAY2VAT enables VAT\GST reclaim on account payable invoices. Through the same seamless integration with your EMS, WAY2VAT helps you receive VAT\GST that was incurred on foreign account payable supplier invoices.
VAT\GST compliance
WAY2VAT also ensures that your company is VAT\GST compliance, while providing you with full visibility and control. We enable you to improve your data integrity by scanning every receipt and invoice, identify anomalies within your files, and provide business intelligence with a audit trail. Every transaction is visible through the dashboard, allowing for an audit trail that can be used in the event.
Platform Benefits
WAY2VAT’s system offers a number of benefits to users, including:
Up to 30% increase in
VAT\GST recovery
Fraud detection
Automated solution
with audit trail
Automatically
identifies anomalies
between invoices and
expenses
Uses AI to process
difficult-to-read
documentation
Submits to over 50
countries in 20
languages
Optimal granularity
Our Area of Service
Recover VAT\GST in over 50 European, Asian, Middle Eastern, and North American countries.
It’s Like Opening a New Revenue Stream
WAY2VAT empowers businesses to automatically recover their foreign, local and AP VAT\GST/GST. Seamlessly connect our platform to your ERP, accounting software or EMS, and our AI tools will handle the rest.
From analysing receipts to find eligible expenses to generating and submitting tax reforms, we handle it all, recovering up to 30% more VAT\GST is less time than any other solution. We’ll even share insights with best practices to help your organization save even more.
Here’s how it works.
Reporting and BI
WAY2VAT’s platform generates easy-to-understand reports that add transparency to the entire process, showing the different types of expenses and value that was recoverable. Reports also show VAT\GST that potentially could have been reclaimed if the invoices had the right data.
Finally, the system also presents insights from our automated invoice analyzer (AIA), helping
business teams budget and prepare for upcoming expenditures.
Why WAY2VAT
WAY2VAT’s patented VAT\GST recovery system is the most powerful available on the market today. It holds multiple AI technology and image processing patents, allowing it to automate more effectively. Capable of processing VAT\GST claims in over 50 countries, it is the tool to use for any business that struggles to collect VAT\GST.
Unlike many AI solutions, WAY2VAT offers full visibility and control. WAY2VAT processes 100% of receipts. It is highly efficient, provides full ecosystem integration, full automation, and can be deployed quickly. Best of all, it creates new cash flow as it recovers up to 30% more VAT\GST refunds.
