In their first year of using SAP Concur App Center partner Taxback International, Electrolux tripled their VAT reclaim from €30,000 to nearly €100,000. Today they are approaching €400,000 per year in VAT recovery, and are expanding the scope with Taxback International to include VAT reclaim in Asia Pacific and Latin America and communication tailored to traveler behavior.
“If I could give any advice to other SAP Concur clients regarding VAT reclaim, even if you have an existing process, go and get it checked out by the experts. It's only through the experts that you can make the initial improvement of just cleaning up that process, but also continuously improve for the future.” Daniel Cole, Electrolux Global Travel Director
Want to know more about other best practices on Expense, tax and VAT compliance? Read the eBook here