With more countries around the world applying indirect taxes like GST or 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 GST or 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 GST or 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.
To hear from an SAP Concur representative, please complete the form or call us at +61 (2) 9935 4500.
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