APAI
AP Invoice Compliance
Made Effortless
Automated AP invoice compliance review—fully digital, AI-powered, and designed to simplify compliance while reducing risks.
AP Invoice Compliance Auditing – Precision Compliance Across Borders
Save time, reduce risks, and ensure accuracy with APAI’s innovative technology.
AP Auditing
Our invoice analyzer system ensures invoices are compliant across all jurisdictions.
Invoicing Rules Validation
Ensures that invoices are in compliance with the regulations of specific countries automatically.
VAT Rate Application Check
Verifies that the correct VAT rate is being applied by suppliers.
Non-Claimable VAT Detection
Flags transactions with non-claimable VAT to prevent errors.
Supplier VAT Number Verification
Validates supplier VAT numbers for accuracy and compliance.
Cross-Border VAT Detection
Identifies cross-border transactions with incorrectly charged VAT.
How It Works
Streamlined Compliance in Four Simple Steps
Step 1: Connect Your Systems
Upload invoices or integrate with your ERP and accounting software.
Step 2: AI-Driven Analysis
Scan and validate invoices for errors, non-compliance, and anomalies.
Step 3: Compliance Reporting
Generate detailed reports tailored to your needs.
Unlock The APAI Benefits
Unparalleled Compliance, Accuracy, and Efficiency
Automated Validation
Goes beyond standard image processing to validate multiple invoicing requirements, fields, and content.
Improved Accounting Records
Prevents non-compliant invoices from entering ledgers and identifies problematic invoices in existing systems.
Enhanced Tax Reporting
Reduces risks of incorrect VAT filings by ensuring invoices support transactional entries.
Why Choose APAI for Your Compliance Needs?
Technology-first solutions for unmatched accuracy, efficiency, and compliance.
Proven Technology
Backed by multiple AI and image processing patents.
Comprehensive Coverage
Capable of processing invoices regulated by diverse global tax rules.
Efficiency Gains
Automates AP invoice compliance reviews, saving time and resources.
Enhanced Accuracy
Reduces risks associated with manual invoice checks.
Trusted Expertise
Combines advanced technology with deep knowledge of global tax regulations.
FAQs
What is VAT/GST reclaim, and how do domestic and foreign reclaims differ?
VAT/GST reclaim is the process of recovering taxes paid on business-related expenses. Domestic VAT reclaim focuses on local expenses, while foreign VAT reclaim applies to cross-border expenses, requiring compliance with specific international regulations. Way2VAT simplifies both processes with its automated platform.
Why is outsourcing VAT/GST reclaim better than doing it in-house?
VAT reclaim in-house is complex, with country-specific regulations, language barriers, and high potential for manual errors. Outsourcing to Way2VAT eliminates these challenges with automated compliance checks, communication with tax authorities, and maximum refunds, allowing your team to focus on growth.
Where do the biggest VAT or GST reclaim opportunities often hide in a business?
Hidden opportunities include Accounts Payable invoices, employee travel expenses, capital expenditures, and foreign VAT transactions. Way2VAT’s advanced platform identifies reclaimable expenses across all categories, ensuring no opportunities are missed.
How does VAT/GST reclaim improve cash flow and financial planning?
Reclaiming VAT or GST improves cash flow by recovering funds spent on eligible expenses and reducing operational costs. Regular VAT refunds, especially for international operations, provide consistent financial benefits and support growth planning.
Why shouldn’t my business delay VAT/GST reclaim?
Strict deadlines for VAT/GST reclaim vary by country, typically ranging from 1 to 5 years. Missing deadlines forfeits refund opportunities. Way2VAT tracks and manages these deadlines, ensuring timely claims and improved cash flow.