With more countries around the world applying indirect taxes like VAT, businesses face complex government regulations and big compliance challenges. For organisations that use manual processes to manage spending, trying to keep up with these new demands is inefficient, ineffective, and costly.
Concur Tax Assurance by VATBox uses AI and machine learning to automatically identify VAT-eligible expenses, validate receipts, and optimise reclaim potential. With this, businesses can navigate complex tax regulations faster and more accurately.
With the rapid expansion of VAT, many governments require businesses to provide data that can only be captured with the help of digital tools. Which means that automated expense management, once considered an optional investment, is now mandatory in a growing number of countries.
Integrating your expense data means that your company can manage spending anywhere, anytime.
Connect to partners and systems you already use so your data can work together.
Let our team of global auditors handle expense audits and free your employees to focus on other tasks.
Contact us to learn more about SAP Concur solutions or contact a sales representative directly.
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