TAX & ACCOUNTING
6 Key Benefits of VAT Technology
As companies in the GCC adapt to the realities of their new VAT regimes, many are realizing that their processes and systems may not be set up for efficient, accurate VAT compliance and reporting.
Tax departments that still rely heavily on manual data processing and Excel spreadsheets often struggle to achieve the levels of data accessibility, transparency and attention-to-detail that regulatory authorities expect – especially going forward as the GCC’s tax landscape matures.
Thomson Reuters highlights 6 reasons why purpose-built VAT software that seamlessly integrates with existing business systems can help your business manage modern VAT demands with greater confidence.