WHY VAT RECOVERY IS IMPORTANT #7

Every year, companies file incorrect VAT claims, reporting data that is inaccurate or not properly backed by evidence, putting them at serious risk for audits and non-compliance issues. Despite available fraud detection technologies, expense reporting fraud is a current issue, and is causing many companies significant revenue losses.


Automation is transforming the tax function by delivering much added value in the avoidance of fraud by detecting errors mitigating risks, reducing costs and delivering much more accurate results.