Way2VAT Revenue Surges 46% to $6.6M as RBC Acquisition Adds 80 Clients
Way2VAT is a cutting-edge tax technology company that specializes in automating and simplifying Value Added Tax (VAT) and Goods and Services Tax (GST) reclaim processes for enterprises. Their innovative platform leverages advanced AI technology to help businesses recover VAT and GST from business expenses across over 50 countries, transforming a complex and time-consuming process into an efficient and streamlined solution.
The company offers comprehensive services that cover multiple aspects of tax reclaim, including foreign and local expense recovery, accounts payable invoice compliance validation, and automated document processing. Their technology can process complex receipts and invoices with high accuracy, identifying eligible expenses and ensuring maximum refund potential while simultaneously detecting potential fraud or anomalies. With a global reach and local expertise, Way2VAT supports businesses in navigating intricate international tax regulations.
Way2VAT’s solution extends beyond just reclaiming taxes, providing businesses with strategic financial benefits. By utilizing their platform, companies can recover up to 30% more in eligible VAT and GST, gain transparent tracking with a full audit trail, and optimize cash flow. The company has a strong presence in multiple markets, including a dedicated Spanish subsidiary called DevoluIVA, and serves major international brands across various industries, positioning themselves as a leader in Tax-Tech innovation.
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