IMPROVING VAT PROCESSES AND BEYOND
Eliminate tedious, repetitive tasks and replace them with intelligent AI technology. For:sight® allows your finance team to automate manual and error-prone processes to achieve greater efficiency, accuracy and insights while being fully MTD phase 2 compliant.
TURNING VAT COMPLIANCE INTO AN OPPORTUNITY
Finance teams are currently experiencing a variety of issues relating to their VAT submissions and compliance with the latest HMRC mandate.
VAT return inaccuracies
61% of tax specialists believe their returns to be inaccurate. Errors can cause organisations to miss out on claiming VAT on all applicable transactions.
Lack of visibility
Finance teams have limited visibility of the end-to-end process making it difficult to pinpoint errors. For:sight's ready to use dashboard provides transparency and a centralised data warehouse.
Time inefficiencies
62% of tax specialists spend over 10 days a quarter preparing, checking and submitting their VAT return. For:sight eliminates vacuous manual tasks, which are demotivating and error-prone.
Difficulties getting IT buy in
IT teams can struggle to support financial tech implementations due to time constraints. We take things off your plate by being responsive and proactive.
Non-compliance with HMRC mandate
52% of finance specialists are ‘uncomfortable’ to some degree with HMRC's latest VAT mandate requirements. This means businesses are open to potential fines and reputational damage.
FOR:SIGHT. DELIVERING CONFIDENCE FOR YOUR BUSINESS
Future proof reporting
With end-to-end audit trails and the latest HMRC mandates built in, you’re always fully compliant.
Improved visibility
One single view means better collaboration. Stakeholders can work together to achieve faster results.
Greater accuracy
Handles, automates and processes large data volumes without the risk of human error.
Increased efficiency
Seamlessly integrates with existing systems, speeds up processes and frees your team to focus on business critical activities.
Peace of mind
Specifically designed to fulfil your urgent need: to get your VAT right first time, on time, every time.
What our customers are saying
ARKK listened to [our] issues and created a tailored solution that removed an obstacle we had for many years....the end result is a highly intuitive for:sight workflow that is easy to understand and a breeze to make FX alterations, significantly reducing time spent on the returns by 30-40%.
Gayle Hares , CFO, Datatec
The speed and accuracy of implementation were incredible. ARKK took the time to fully understand the complexity and issues of our company and set out an action plan to ensure we filed in time.
Akash Kalaiya , EMEA Tax Manager, Universal Aviation
Because of their size, ARKK were able to be a bit more nimble than other potential suppliers we spoke to. They seemed to be prepared to be more flexible with how we worked and how we were set up. The result was a reduction in our end-to-end filing time from 2 weeks to 3 days.
Alastair McClelland , Head of Tax, University of Edinburgh
There were several criteria that a tax technology needed to fulfil in order to be fit for our needs. ARKK seemed to have the knowledge, flexibility, speed of implementation and support that we needed.
Media & entertainment , Indirect Tax Manager
With a dispersed tax team across the UK, creating a standardised VAT process was proving difficult. ARKK's platform allowed us to create a uniform process to maintain consistency and help reduce errors. This all resulted in a 50% reduction in time spent on our returns.
Food manufacturing
The ARKK team really took the time to understand our business and the multiple products and services we have. Knowing that VAT banking calculations can be complex, they automated them within the for:sight platform saving us time and reducing errors.
Banking and Finance
We felt confident that ARKK were the company to overhaul our VAT preparations. They have demonstrated that they can work with big businesses and the inherent tax complexity that comes along with them.
Travel and Tourism
MEET THE EXPERTS
Danielle Cyrus
Chief Customer Officer
Since joining ARKK in 2013, Danielle is the expert at understanding clients’ needs to ensure their intended outcomes are achieved. Danielle’s extensive knowledge of ARKK’s products and passion for best in class customer support brings a seamless, positive experience for every one of our clients.
Roi Lustik-Cohen
Co-founder and CTO
As ARKK’s Co-founder and CTO, Roi began building for:sight in 2018. With his team of expert developers, Roi works closely with ARKK’s clients on their bespoke requirements, going above-and-beyond MTD compliance to automate and digitise processes and provide greater accuracy across their finance teams.
Danielle Cyrus
Roi Lustik-Cohen