FULLY AUTOMATED

VAT RECLAIM FOR BUSINESS

ONE CLICK TO CLAIM

AS SIMPLE AS THAT

We are the only vendor with patented artificial intelligence technology to maximize operational speed & efficiency, resulting in up to 30% more in reclaimed VAT

WAY2VAT provides a fully automated end to end VAT reclaim solution. Our patented and revolutionary artificial intelligence technology and capabilities enable automated VAT report generation, submission and recovery, resulting in simple hassle free VAT reclaims for your business!

AI VAT RECLAIM TECHNOLOGY

Our solution connects via an API to your existing expense management system, analyzes recoverable VAT, and automates the reclaim process with a seamless submission to the tax authorities, generating hassle free VAT returns to your company. Fully compliant with GDPR, the system has unique capabilities for fraud detection and anomaly alerts on top of VAT “claim-ability” detection and VAT risk analysis.

VAT DOMAINS

Foreign VAT Reclaim for Companies

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Foreign VAT refunds from the relevant authorities on expenses incurred by employees on business trips. Seamless interation with your existing expense management system.

VAT Reclaim for Local Business Travel

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Local VAT refunds on travel and entertainment expenses incurred by employees on local business trips. Seamless integration with your existing expense management system.

Foreign VAT Reclaim on Account Payable Invoices

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VAT refunds on the VAT incurred on foreign Account Payable supplier invoices. These can include shipping costs (DDP), land and property costs, import VAT, tooling, conferences and events, centrally purchased hotels, intercompany invoices, supply and installation costs, professional services not subject to reverse charges, and more.

Our VAT reclaim solution simply connects via an API to your existing expense management system. We also offer our own integrated expense management tool.

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VAT RECLAIM LOCATIONS

Australia

Austria

Belgium

Bulgaria

Croatia

Cyprus

C. Republic

Denmark

Estonia

Finland

France

Germany

Greece

Hungary

Iceland

Ireland

Italy

Japan

Latvia

Lithuania

Luxembourg

Malta

Netherlands

New Zealand

Norway

Poland

Portugal

Romania

Serbia

Slovakia

Slovenia

South Korea

Spain

Sweden

Switzerland

UK

Canada

Taiwan

We are VAT experts in multiple locations

HOW IT WORKS

1

CONNECT

Seamless connection to standard API’s / Travel / ERP SW’s

2

SUBMIT

Generate and submit reports to tax authorities

3

REFUND

Less time. Up to 30% more VAT refunded

4

INSIGHTS

Best practices for saving money

INTEGRATED VAT AND EXPENSE MANAGEMENT TOOL

WAY2VAT offers an expense management tool integrated with the VAT reclaim solution.

The cloud-based solution and big data analytics expense management solution is ideal for any size or type of company.

The app is available on smartphones and on the web…anytime, anywhere ,any shape and in any language.

DATA AUGMENTATION

For seamless expense management:

ANY SHAPE

TORN / STAINED / CRUMPLED

ANY CURRENCY

YEN / DOLLAR / EURO / OTHER

ANY
LANGUAGE

ANY EXPENSE TYPE

HOTEL / TRANSPORTATION / EVENTS

ANY
FORMAT

DUPLICATES

IDENTIFIES HUMAN ERROR / ANOMALIES

FIVE SECONDS IS ALL IT TAKES!

WHAT HAPPENS NEXT?
The employee is reimbursed for travel expenses.
The company gets the foreign VAT back.

OUR CUSTOMERS

WAY2VAT serves over 70 customers worldwide, including Fortune 500 companies.
Over 97% success rate in vat reclaims.

VAT Hub

Integrate EMS and any accounting SW for a full financial ecosystem

Visibility & Control

Online reporting, fraud and anomaly alert

Privacy, GDPR & ISO

Privacy is important to us. GDPR, SOX compliant, ISO certified

About Us

Established in 2016 we wanted to challenge the VAT industry’s status quo, making VAT refunds accessible to all.
In just over two years, WAY2VAT grew to a team of 36, serving over 70 customers from our offices in Tel Aviv and London. We are the only vendor to be granted a patent in the US for the use of AI and deep learning to support a VAT reclaim solution.

Management
Amos Simantov / CEO and Founder

More than 20 years as a top executive – including as CEO, and VP Sales of major global high-tech enterprises such as SintecMedia, Rit Technologies, Lognet Systems, and ADI. Amos specializes in SaaS platform, Broadcast, IT, and Telecom. Proven track record in leading companies to economic success, including several exits and successful M&As. Amos holds an MBA and BA in Economics from Tel Aviv and Bar Ilan University.

Aviv Barshaf / VP Finance & Co-Founder

Aviv has vast experience in corporate finance. He has guided numerous companies through strategic and financial challenges - including both startups and publicly traded companies. Aviv previously served as Chief Analyst of BTB – Israel’s largest P2P platform, and as an advisor to leading CPA and consulting firms. Aviv holds an MBA (with honors) and a BA in Finance. He serves as a lecturer and academic staff member at the School of Business Administration, The College of Management Academic Studies (COMAS) in Israel.

Roy Shilkrot, PhD / Chief Scientist and Co-Founder

Researcher and computer scientist specializing in human-computer interaction, computer graphics and computer vision. Before joining WAY2VAT, Roy worked with Microsoft Research Labs in Redmond, Comverse Innovation Labs in Tel Aviv, Tel Aviv University and various startup companies. Roy holds several patents, has co-authored a book, and has published numerous peer-reviewed academic journals and conference articles. Roy holds a Ph.D. from MIT Media Labs, where he specialized in Computer Graphics and Computer Vision.

Nir Fiegelshtein / Director of R&D

Nir is an experienced Backend Developer with a strong engineering background and a demonstrated history in the financial services industry. Formerly team leader and JAVA developer at Atlis Labs, Nir has held roles at some of the leading start-up companies in Israel. A hands-on team leader, Nir is skilled in Web Applications, Linux, Amazon Web Services (AWS), Object-Oriented Programming (OOP), and Software Development. Nir holds a Bachelor's degree in Computer Science from the Interdisciplinary Center (IDC) Herzliya.

Ohad Levi / VP Product

Ohad is a visionary product leader with diverse experience in product management from global companies such as Intel, HP and ClickSoftware. Ohad has repeatedly demonstrated leadership by managing all aspects of product lifecycle, guiding complex and innovative products from inception to rollout. Ohad specializes in data-driven SaaS products for both enterprise and SMB global markets. Previously director of product management at ClickSoftware, he also worked with HP to define product GTM strategy and launch new products to global markets. Ohad holds an MBA from Tel Aviv University, and a B.Sc. from Ben Gurion University.

Ben Knock / Managing Director, UK

With over 20 years’ experience in the management of sales teams across a wide range of organisations, Ben is responsible for leading the growth strategy in Europe - including marketing, business development and account management. He has held strategic sales roles for a number of leading HR, Finance and VAT technology solutions, including global technology giant - SAP. He has also worked for the major players in VAT including Meridian and Taxback international.

Elena Sorescu / Managing Director, Romania

Elena brings solid managerial experience to her role at WAY2VAT, with 10 years’ experience in leadership positions at Operative LTD., during which time she offered a significant contribution to project implementation, team development and business development, serving large and complex global clients in Broadcasting field. As Managing Director of the Romania office, Elena is responsible for the local branch of the company.

Adoram Gaash / Chairman

Adoram has a solid track record as a VC and startup CEO. Prior to founding Moneta Seeds, he founded StageOne VC [2001], which invested in 20 startups and resulted in six exits. Later in his career, Adoram lived in Silicon Valley and as a Managing Director with GrowthPoint Technology Partners, he helped startups explore their exit strategy with several global companies – including Radwiz, Magnfire, Octalica, Trivnet, and Crescendo. Adoram graduated with honors from the Israeli Institute of Technology (Technion) with a BScEE in Computer Engineering. He has an MBA from Tel Aviv University,

Investors
Let us know how we can help you, and we will get back to you shortly.
Israel Office:
Habarzel 34A, Tel-Aviv, Israel
TL: +972.3.508.0022
Romania Office:
Malmo Building, No. 30, 2nd Floor, Stirbei Voda Boulevard
Craiova, Romania

TL: +40 744 364 018
Office: +40 351 733 070, Ext 101
Russia Office:
Bld. 12/5, B. Savinsky Pereulok
Moscow, Russia

TL: + 7 910 430 56 26

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