Tax & Accounting Blog

How procure-to-pay tax solutions help manufacturers avoid tax overpayments

How procure-to-pay tax solutions help manufacturers avoid tax overpayments

Procure-to-pay (P2P) tax determination helps manufacturers reduce Value Added Tax (VAT) exposure and avoid wasting money through overpaid input tax Many manufacturers use a procure-to-pay (P2P) digital procurement system to help them extract the most value from their procurement spend. But they’re often overlooking a significant aspect of that spend: the rules around accounting for […] … Read More