App Centre

VAT reclaim is a highly complex process, subject to continually changing rules & legislation. VAT rates range from 5 - 27% in over 126 countries across the globe, each with different sets of rules, deadlines & filing requirements. If one piece of data is missing or inaccurate, the entire claim is denied, with large financial penalties for non-compliance. When the stakes are this high, you need technology & expertise you can rely on for all of your VAT requirements.

Our solution, Recover, automates the recovery of every transaction with VAT recovery potential. Through a simple and direct integration with Concur Expense, the Recover solution’s analytics can calculate a business’s total spend and VAT recovery potential and provide an automated end-to-end VAT reclaim solution:

• 1-click authorisation makes it easy
• No manual data gathering needed
• Secure data integration with Concur Expense
• Guaranteed 100% compliance & risk-free submissions

To access Recover, SAP Concur administrators follow 3 simple steps:

1. Log in to your SAP Concur solution
2. Find the Fintua listing page in the App Center
3. Click “connect” to authorise data transfer & send your Concur Expense data directly to Recover, which will automatically read receipts to extract the VAT and apply the relevant VAT rules of the claimant country, giving you instant insight into your potential VAT refund amount. By streamlining your data transfer, you save time while ensuring your data is protected according to the strictest privacy policies & data security standards.

One click is all it takes to enable the Recover integration with Concur Expense – and you’ll receive your free VAT analysis report in your inbox within a few hours!

If you need help reclaiming the VAT your company is due, we can also manage your full VAT refund claim from any country in the World. After receiving your free VAT analysis report, Fintua will:

1. Provide a remote audit of your transactions in the Concur Expense system.
2. Retrieve & correct expense receipts directly from vendors.
3. Assign a team of VAT experts to further inspect the receipts for compliance.
4. Submit your VAT Claim to the relevant countries with risk-free guarantee.
5. Manage any reconciliations and deliver payment of VAT Refund to you.

Our automated Recover solution eliminates the VAT burden while providing real-time visibility, making recovery & compliance effortless for our clients.