Do you recognize the following?
Running correct VAT processing is a major challenge for organizations. Constant changes around laws and regulatory complexity create risks that are not identified by ERP systems nor employees. Undetected flaws in ERP systems and processes can lead to VAT overpayments that can be very costly for your organization. SpendLab analyzes and corrects incorrectly processed VAT as part of the accounts payable recovery audit and helps organizations comply with VAT obligations.