Get control over your VAT tax data by using automated anomaly detection to cleanse, filter and correct your data, helping to ensure the accuracy of your figures.
Why do I need anomaly detection?
Many businesses spend over 50 days a year checking and correcting their VAT Returns. By applying anomaly detection at source you can automatically identify data that needs attention and make the necessary adjustment prior to calculation/submission.
Anomaly detection can be used to detect…
- Duplicates across multiple data sources
- Transactions that fall outside the reporting period
- Unexpected VAT rates in transaction data
- Transactions between entities in VAT Groups that need to be excluded
We’ve now incorporated data checks into AlphaVAT: standard data checks that allow you to check for duplicates, non-standard VAT rates and out of period transactions AND custom data checks that you can set yourself.
AlphaVAT incorporates anomaly detection as standard, improving the integrity of your VAT data, increasing the time available for review and helping you identify the necessary corrections.