The VAT on AP (Accounts Payable) invoices can represent up to 25% of the costs of your projects abroad. So, when you hear that on average 70% of those supplier invoices are charging VAT incorrectly – alarm bells should start ringing!

Not only are these invoices at risk of being charged incorrectly, but with cross-border VAT transactions requiring detailed knowledge of local VAT, rules & deadlines constantly changing and reclaiming this VAT being so time-consuming – you can easily see why VAT on AP invoices is complex.

Stop paying incorrectly charged VAT on foreign AP invoices.

Thanks to Recover™ and SAP Concur, we can make reclaiming VAT on AP invoices simple. integrates directly with Concur Invoice, through Recover™ Invoice which sits in the SAP Concur App Centre. 

Recover™ is a complete solution that includes:

  • AP Planning: Consultancy on the correct way to handle foreign VAT on projects abroad considering the full place of supply roadmap for each project
  • AP Screening: Check all invoices to identify incorrectly charged VAT, resulting in cash-flow optimisation by not paying VAT where it is not due
  • VAT Reclaim: Correctly charged VAT is recovered via tax office application. The incorrectly charged VAT is recovered from suppliers.

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Access our free on-demand webinar on AP Invoices here

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