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VAT AUTOMATION
Eliminate tedious, repetitive tasks and replace them with intelligent AI technology. Our platform allows your finance team to automate manual and error-prone processes to achieve greater efficiency, accuracy and insights while being fully compliant with HMRC's mandate.
TURNING VAT COMPLIANCE INTO AN OPPORTUNITY
Tax teams reliant on spreadsheets and basic bridging software for business-critical processes are potentially exposed to risk and unaware of the unlocked strategic value an automated solution can offer.
VAT return inaccuracies
Poor data integrity means businesses are at risk of being in breach of regulations. Frequently managing their financial data in error-prone spreadsheets with no clear audit trail can result in potential fines and reputational damage.
Lack of visibility
Finance teams have limited visibility of the end-to-end process making it difficult to pinpoint errors. The platform's ready to use dashboard provides transparency and a centralised data warehouse.
Time inefficiencies
Many individuals within the finance function are spending an enormous amount of time in spreadsheets performing vacuous, manual tasks. Each period valuable days are lost, painstakingly preparing and checking transactional data rather than focusing on larger value add activities
Stunted career progression
With rising expectations and IT literacy amongst finance professionals, Finance Managers no longer want to spend time on tedious, repetitive tasks. Allowing AI to take care of the heavy lifting means their capabilities can instead be used to add strategic value and enhance their career progression.
Non-compliance with HMRC mandate
52% of finance professionals are ‘uncomfortable’ to some degree with HMRC's latest VAT mandate requirements. HMRC's ambitious journey to digitise tax has only just begun. Discomfort surrounding mandates will likely only increase until a suitable and futureproof solution is implemented.
ARKK'S AUTOMATION PLATFORM. DELIVERING CONFIDENCE FOR YOUR BUSINESS
Future proof reporting
With end-to-end audit trails, automated exception checking and inbuilt reporting, you’re always 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
"We were told of the fast responses times, and I can’t think of a time the team have missed them. In fact, they have always responded faster than their SLA – I can’t fault them!”
Craig Stewart , Group Head of Tax
ARKK was a game changer for us. Firstly, it can handle big data easily. It can take our data straight from source direct to the platform and do the heavy lifting in terms of processing for the user.
Mike Bannister , Head of Indirect Tax
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Throughout our procurement process I wanted to ensure that the company we partnered with also aligned to our cores values, two of which are to have the best technology and provide the best service. During the process, I was continually reassured of ARKK's technology and their commitment to customer service.
Darryl Alford , Finance Manager, DPD
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 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 ARKK's Automation 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 ARKK's Automation Platform 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