VATBox, BCD Travel partner to address VAT challenges in the travel industry

VATBox has announced it has partnered with travel management company BCD Travel to provide customers with an optimised VAT/GST recovery process, and analysis into total travel spend per employee, allowing companies to isolate any spend that is booked out of policy, the company said.

BCD Travel said its partnership with VATBox has allowed the company to automate and optimise its own and its customers´ VAT reclaim processes, improve invoice compliance and make the traveller´s life easier. BCD Travel has now implemented VATBox for clients across all European countries and is in the process of adding non-European countries.

With the ability to integrate with different Expense Management Solutions, VATBox´s platform is a good fit with BCD Travel´s technology roadmap.

BCD Travel helps companies make the most of what they spend on travel. The company operates in 109 countries with almost 13,800 people. The company reported 2018 sales of USD 27.1 billion.

VATBox is a technology provider in VAT/GST recovery domain. VATBox has digitised the VAT/GST recovery workflow with its cloud-based enterprise recovery solution.