Our VAT Analytics solution monitors and analyses your transactions using machine learning algorithms. It integrates data from multiple sources into a single repository to improve data quality and streamline reporting. By combining data and intelligent routines, exceptions can easily be identified. Our solution helps you to organise your tax reporting processes more efficiently and effectively.
How VAT Analytics can help your business
Root-cause analysis / Analytical tools to identify exceptions
Workflows to correct data & update it in the source system
Advanced abilities to tweak analytics
Machine Learning algorithms to classify tax codes & cost centers
This analytics shows sales invoices that have a different Tax code to that predicted by the machine learning algorithm
Shows you how to correct data journal posting
Prepare, File & Return
Upload and submit VAT return directly to HMRC
Compatible with the systems you already use
Sofy is source system agnostic. We support standard connectors for all mayor ERP systems like Dynamics, SAP, Oracle and more.