WELCOME TO VATSOLVE

VATSolve’s software solution provides finance departments and risk managers a smart VAT solution that keeps internal and external stakeholders, including Revenue authorities, smiling. We offer a VAT solution for SAP users that automates and consolidates VAT returns timeously and accurately, resulting in improved cash flow and improved business efficiencies. This all happens in a highly secure and compliant environment and provides real-time and historical access to all VAT records at the click of a button. Are you a Tax or Finance Manager representing a R1 Billion + Turnover Group or Company with multiple SAP users? Look no further!

OUR SOLUTIONS

Large South African corporates using VATSolve Cash Flow Benefit save between R20 Million to over R150 Million per month.

VAT201 & SARS Compliance
Current Returns, Historical VAT201s and Reports & Schedules

Cash Flow Benefit
Future period inclusions with audit trails and reconciliation to GL

Analytics
IT14SD reconciliation extracts of Financials with summaries and drill downs by General Ledger of Sales and Cost of Sales

Consolidation
Single VAT Returns for multiple companies with consolidated and individual drill downs via Dashboards

Try before you buy!

We are so confident that our solution delivers exceptional service and achieves what it sets out to do, that we offer a try before you buy for any qualifying clients.

Under a confidentiality agreement, we will take two or three months of your company’s recent VAT transaction data and demonstrate to you – real time – the full functionality and capabilities of VATSolve

OUR PURPOSE

We offer large enterprises a complete VAT management solution for SAP that is guaranteed to improve your cash flow and internal reporting and efficiencies.
VATSolve is an intelligent VAT management and reporting solution that offers productivity, compliance, efficiency and visibility.

IMPROVED BUSINESS PERFORMANCE

Enable reconciliation of SARS returns to transactions and VAT201 and IT14SD financial reporting, providing detailed, categorised analysis for easier reconciliation

Report value added tax with improved cash flow by tax period which may differ from your accounting periods with full reconciliation between the two

Quickly and efficiently help you to do your VAT returns so that they are more accurate and compliant

Consolidate multiple companies within one VAT number, combining all individual VAT transactions into one consolidated return

Optimise cash flow through effective money saving cash-flow management, with full audits

Store data in-house on your own secure SQL Data bases and full software suite installed with user rights and permissions on individual users workstations

CLIENT TESTIMONIALS

Vector Logistics

The VATSolve software has assisted us greatly in simplified VAT return preparation, reconciliation to ledger, and VAT exception reporting. One of the biggest value-adds to us has been the cash flow savings as a result of the Cash Flow Module, which is a significant cash flow benefit each month.

Sibanye Stillwater

Sibanye Stillwater have been using VATSolve (+) application for the past three years with great success. The easy access to accurate data and the visibility of transactions assist in VAT compliance for the Sibanye Stillwater Group companies. The system also adds value where internal and external audits is conducted as the availability of information for current and prior periods ensure that no time is lost which increases overall productivity.

Internet Solutions

This product has helped me reduce the time I normally take to do VAT.  What is amazing with this solution is that it allows you to pull reports at the click of a button.

Dimension Data

From myself and the team at the group tax department, a massive THANK YOU for all your help and effort with the IT14SD submission.