2. VALUE PROPOSITION
THE VATit GROUP: GLOBAL REACH, UNPARALLELED SERVICE
• The VATit Group specialises in reclaiming VAT and provides services to over
11,500 clients from 24 offices around the world, including London, Manchester,
Amsterdam, Luxembourg and locations in Australia, India, Asia and the US.
• Our extensive client base is made up of some of the world’s leading organisations,
including multinationals with a presence in the UK, Europe and globally.
SPECIALISED SOLUTIONS
The VATit Group provides specialised services and products that drastically increase
client’s claimable VAT amounts, resulting in substantial savings:
• Reissue/Restyles: A department dedicated to attaining original supplier invoices
when only copies are available. Invoices are reformatted so that they are compliant
with VAT authority requirements for refund.
• Discovery: Substantial savings are made for clients by reviewing their accounts with
key suppliers. Account statements are matched against invoices collected at
retrievals. Any missing invoices are attained from suppliers.
• Credit Cards: VATit compare credit card statements and proof of payment
documents to actual invoices collected. Any missing invoices are identified
and attained from suppliers.
• Supplier Refunds: VATit reviews each invoice in order to determine whether VAT
was charged correctly or not. VATit will seek to reclaim any VAT from suppliers
where it has been incorrectly charged.
• VATit incorporates a team of VAT experts, consultants and in-house lawyers, giving
it the edge in keeping up to date with changing legislation, VAT authority
requirements, and identifying new opportunities that may benefit clients.
3. ONSITE RETRIEVALS
• VATit believes that the best way to ensure that all VAT is recovered is through a
comprehensive, onsite retrieval programme.
• Group structures are analysed and VATit resources are allocated accordingly to
service client entities at agreed upon locations.
• These retrievals include the downloading of data from accounting software
packages to ensure all claimable invoices found.
• All retrievals are conducted by highly trained VATit employees (no outsourcing or
students) with a minimum of an undergraduate degree. They are incentivised to
grow the value of VAT collected at clients on a successive invoice retrieval basis.
CENTRALISED PROCESSING CENTRE
• VATit controls, manages and operates its own Processing Centre with over
100 employees.
• Custom built software drives the VATit Processing Centre and ensures every invoice
is traceable in the system. This system ensures maximum efficiency, reliability,
compliance and quality control.
• VATit Processing Centre employees are highly experienced, trained, tested and
specialised within their individual areas of responsibility. The result is a streamlined
operation with solid processes and systems in place to ensure a high quality output.
4. CLEAR REPORTING TO CLIENT
• A dedicated Client Services Manager is assigned to manage and coordinate the
team of Client Service Executives working on any given project.
• The Client Services Manager acts as the one central point of contact for all
communication, questions, queries and feedback with the client.
• VATit processing software ensures that detailed client friendly reports
are generated.
CULTURE AND PASSION
• VATit is passionate and excited about assisting clients to maximise their savings.
• VATit believes that the client needs to have a truly outsourced service with clear
and transparent reporting.
• VATit seeks to constantly improve internal processes and systems. This translates
into a client focused, streamlined service offering at the front and back ends where
quality and efficiency of the audits, invoice processing and claims administration is
of a high level.
• VATit values its people and invests in their development through ongoing training
and educational programmes.
www.VATit.com
