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Vattax

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Automated VAT reclaim solution streamlining corporate expense processes.

Overview

Vattax specializes in procure-to-pay accounting solutions, with a focus on automating the VAT reclaim process for corporate expenses. The company offers an automatic EU VAT reclaim solution that is integrated with Cardlay's expense management system, utilizing advanced OCR and AI technology to process transaction data. Vattax targets corporations and aims to address the challenges associated with manual paperwork and lengthy procedures in VAT reclaims. The company operates on a commission-based model, which eliminates upfront costs for clients, and collaborates with PwC to ensure compliance. The platform is designed to enhance efficiency, reduce errors, and provide insights into spending patterns, which may support cash flow management and informed decision-making for businesses.

Key facts

Founded
2016
Headquarters
Odense, Denmark

Business model

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About Vattax

What does Vattax do?

Vattax specializes in procure-to-pay accounting solutions, with a focus on automating the VAT reclaim process for corporate expenses.

Where is Vattax headquartered?

Vattax is headquartered in Odense, Denmark.

When was Vattax founded?

Vattax was founded in 2016.

Which sector is Vattax in?

Vattax operates in Finance & Accounting Technology, part of Financial Technology.

Who are Vattax's competitors?

Companies similar to Vattax include IBK, GSD, and eCapEx.