Maximises Monsanto’s VAT Recovery Case Study The Company Monsanto, a Fortune 500 multinational agrochemical and agricultural biotechnology company, is committed to advancing sustainable agricultural practices around the world. The company was recently acquired by Bayer. Bayer and Monsanto have merged forces, with the two companies advancing together as one. The Challenges The company faced difficulties in obtaining sufficient insight on both for eign and domestic T&E invoices. Domestic VAT recovery on these invoices was handled on a local level, if at all, resulting in language challenges and lack of visibility that led to many human errors. Foreign VAT recovery was outsourced to a vendor whose manual-based system and lack of clear-cut policies exhausted internal company resource

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