Smarter VAT Solutions
Experience the efficiency of our enhanced straight through processing solution. Traditional methods of processing involves costly multiple data re-entry from paper receipts and other sources for each and every transaction which is susceptible to errors, delays, and discrepancies. Further, the traditional means of processing data slows the entire cycle and delays application. The usage of straight through processing enables receipts to be processed, checked, cleared and applied for in a shorter time period, more effectively and with fewer errors.
Our Proprietary Software optimises the speed that transactions are processed by allowing the data that has been electronically entered to be transferred without manually re-entering the same pieces of information repeatedly over a sequence of events.
Shortening of transaction related processing time increases the VAT capture probability. Non replicated data input reduces opportunity for error, increasing data accuracy across the processing, rather than opportunities to miss key data. Our Propriertary Software uses straight through processing as an opportunity to enrich the data and resolve omissions.