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From our experience, we estimate that businesses have a 3% or higher error rate on their VAT returns. This is partly due to many firms still using traditional manual VAT processes which are prone to human error.
We've created an easy to follow, 4 step guide to help you build a business case within your company for tax transformation. Which, among other things, will help your tax team avoid manual data entry errors.
Download our eBook today to discover:
Our for:sight platform offers a robust solution for tax teams, and its machine learning capability Fix & Verify takes its functionality to the next level.
Fix & Verify can not only save your tax teams time but also help to avoid errors by scanning 100% of your transactional data for anomalies such as incorrect VAT codes and manual keying errors.
This is crucially important in an era where tax administrations are pushing towards insight, accuracy and transparency.
We believe your tax department could benefit from Fix & Verify within for:sight. Want us to look at your data and prove it? Request a demo today and our team will be in touch.