Case Study

The Company wanted to improve their bottom line, with a goal of recovering 3X their baseline in VAT from foreign T&E.

The Company wanted to improve their bottom line, with a goal of recovering 3X their baseline in VAT from foreign T&E.

Pages 2 Pages

We r e c o ve r e d 600% objective The Company wanted to improve their bottom line, with a goal of recovering 3X their baseline in VAT from foreign T&E. MO RE V A T th a n th e c o m p e ti ti o n Case study AN AM ER I C AN FORTUNE 500 COMPANYChallenge A diversified industrial manufacturer with global operations had challenges with maximi sing VAT recovery from the many T&E invoices generated by extensive business travel. A significant percentage of invoices were not being submitted, translating into huge amounts of unclaimed VAT each year. Without a clear idea of their VAT recovery potential, the company contracted with a VAT vendor to help improve their VAT recovery, which resulted in only $70K of foreign VAT recovered in 2015. Eager to improve their bottom line, the company p

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