Automated solutions that deliver real savings, right now. [Webinar]
During uncertain times, it’s more important than ever that companies take a strategic approach to managing resources. Focusing on revenue-generating activities and tightening budget wherever possible will help you weather storms and prepare for an uncertain future. The good news is that sometimes a forced re-focus brings opportunities to discover hidden savings.
Value Added Tax: A hidden savings opportunity
Many companies are unaware of just how much revenue is tied up in unclaimed VAT recovery from travel expenses and company invoices. The hassle of processing the reclaim often outweighs the perceived benefit. However, travel expenses alone make up at least 20% of an average company budget, and with VAT rates averaging 27% across the globe, you could be missing out on significant savings potential.
Thanks to our partnership with SAP Concur, we can quickly and easily reclaim your VAT and boost your bottom line. As the leader in digital solutions for travel, expense and invoice, SAP Concur automates the entire spend management process, eliminating manual efforts and giving you full visibility into company spend. Together with our automated solutions for VAT recovery, we can increase your cashflow while maintaining full compliance.
Need a little more incentive? We can also reclaim VAT on all your historic domestic travel and entertainment expenses- in some cases recovering up to 4 years worth of VAT with almost zero effort on your part!
Free on-demand webinar
Don’t let this opportunity pass you by, check out our on-demand webinar here to learn more.