Taxback International and Yokoy announce innovative VAT management partnership
This exciting new partnership will transform how businesses handle their VAT processes. Internationally trading companies can benefit from both Yokoy’s innovative AI spend management solution and Taxback International’s VAT reclaim and compliance expertise and technology in one single service.
“We are very pleased to be partnering with Yokoy, globally-renowned for their streamlined spend management solution. With Yokoy invoices are uploaded, invoice data automatically captured and individually forwarded for approval. Yokoy detects duplicates and exports to all major financial systems. Coupled with our own unique platforms, we believe both our clients will reap amazing benefits from this service,” said Todd Brennan, Taxback International’s Head of Business Development for Central EU.
“We’re also delighted to be partnering with Taxback International. Their experience and expertise around VAT recovery and Yokoy’s automated spend management solution for supplier invoices and expense claims complement each other and are a perfect fit. Our customers will save valuable time by bundling automated processes and expertise.” – Richard Waldner, Yokoy’s Global Sales Manager for Partners & Alliances.
For more than twenty-five years, Taxback International have provided VAT compliance and consultancy to over 12,000 global companies (including, Google, Tesla, and IBM). In an era of increasing tax process digitalisation, they have developed several technology platforms to assist businesses trading globally. These include payments technology (TBI Pay), automated VAT reclaim services (VAT Connect), and the world’s first end-to-end VAT compliance platform (Comply).
As an all-in-one spend management platform, Yokoy are committed to technological innovation. Yokoy provide their customers with an AI powered solution that automates supplier invoices, expense and card accounting, subscription management and other time-consuming tasks. Tailored to a client’s needs, Yokoy’s robust integrated services free up internal resources while simultaneously protecting against fraud.