Given today’s trends of real time reporting, authorities increasingly require more granular data when filing reports – and there is a real need to collate, validate and submit accurate information in the right format.
A manual spreadsheet-based approach to preparing VAT/GST filings is labour-intensive, with an increased chance of errors, missed deadlines and potential penalties.
Likewise, companies who manage VAT/GST compliance manually in-house face growing costs to keep up with the changing compliance requirements. There could be a tailor-made solution.
Watch this webinar recording where Ellen Van Daal from Vertex and Daan Jansen from ThermoFisher Scientific speak about:
How global businesses can automate their compliance processes using tax technology;
How Vertex VAT Cloud Compliance solution can help analyse, validate and transform your data into actual electronic submission to the tax authorities; and to
View a live demo of the solution.
A Closer Look at VAT Compliance Solutions
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Gaining control of value added tax (VAT) processes is critical. Tax technology helps organizations accomplish this, and we've put together all the details on how you can build a business case for this investment.