Improve global tax compliance and maximise profitability with automated data validation and GST or international VAT recovery process.
Automate spending processes and navigate complex global regulations
With governments around the world applying indirect taxes like GST or VAT, spend management and compliance is extremely complicated to manage with manual processes alone. Concur Tax Assurance uses AI and machine learning to automatically identify GST and VAT-eligible expenses, validate receipts, and optimise reclaim potential.
Digital tools are no longer nice-to-have solutions
With the rapid expansion of GST and 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.
How intelligent technology and SAP Concur solutions can help
Concur Tax Assurance 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.
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