Syngenta - A Story of Growth Through Integration.

VAT IT GROUP

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VAT IT offers a full, end-to-end VAT recovery solution for expenses related to business travel, import tax and fuel, as well as specialised recovery services for the MICE, telecommunications, commerci...VAT IT offers a full, end-to-end VAT recovery solution for expenses related to business travel, import tax and fuel, as well as specialised recovery services for the MICE, telecommunications, commercial aviation and tour operator industries. VAT IT also provides specialised services and products that dramatically increase your reclaim opportunities. Our VAT Concierge™ service is dedicated to obtaining original supplier invoices when only copies are available, and to reformatting and reissuing invoices when required; our Discovery team reviews accounts with key suppliers and retrieves missing invoices; and our processing centre assesses every invoice to ensure VAT was charged correctly. And with VAT IT’s industry-leading technology – the VAT CLOUD – you can be assured of maximum indirect tax recovery and minimal effort. The VAT CLOUD connects to Concur Expense and Concur Invoice to extract expense data and scanned invoice images at a rate of 86,000 expense entries per hour. Data and invoices are checked for compliancy and the invoices are packaged into claims for submission to the VAT authorities. Our other specialist services include: • Import VAT • MICE & Tour Operator VAT • Dividends Withholding Tax • Mineral Oil Tax (“MOT”) With over 45 offices spread worldwide, our global infrastructure allows us to service over 15,000 clients - from small and medium sized businesses to the world’s largest multinational companies. More

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Syngenta - A Story of Growth Through Integration.

By syncing VAT Cloud and Concur expense, VAT IT was able to view every single Syngenta entity’s VAT potential, pull the data and extract the invoice images into ready-to-go claims for refunds. Reports on VAT potential could be viewed on a group level & entity level and VAT could now be identified & claimed at the touch of button.

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