2. About us
Founded in
2007
Our extensive IT and VAT expertise delivers tangible business benefits
Philosophy of
‘try before you buy’
Tailor the solution to meet client requirements: modular system that can be customised
Our software is fully compatible and easily integrated with major enterprise software
Guarantee measurable benefits in terms of money, time, and resource savings
Management team with over 130 years experience (IT and business)
Proudly
South African VAT compliant

3. ATSolve V The complexity of navigating VAT management
Finance environment
Large volume of transactions (input and output)
Dispersed information/data repositories
Month end cut-off dates different to return periods
Greater manual reliance greater possibility of human error
Disparate systems hinder full automation and visibility of data and information
Constantly pushed to deliver against tighter deadlines
Responsible and accountable for cash-flow management
Stakeholder demands
Access to quality info quickly and transparently
Visibility of financial positions and historical records
Embedded controls for good governance
Strong financial and reputation risk management
Compliance to internal governance standards and legal and regulatory statutes
Increased productivity and efficiencies through technology application
Effective strong cash-flow management
Integrity of reporting

4. Effective VAT management and reporting
Transparency
Visibility
Compliance
Controls/Governance
Security
Risk
VAT
REPORTING
Timely
Accurate
Compliant
VAT MANAGEMENT
VAT DEPARTMENT
Dependent on data inputs from other areas of the finance department - billing, credit control, procurement
Responsible for processing large number of transactions
Subject to same time pressures of the entire department with regards monthly cut-offs
Errors in calculation result in direct financial impact – penalties/fines, interest
Incorrect reporting can have impact on cash-flow position

5. Benefits of effective VAT management and reporting
Strengthened self-compliance and reduced risk
Better cash-flow management
Improved transparency and visibility
Increased productivity

6. Intelligent VAT management and reporting
Automation Integration Analysis
VATSolve’s software automates critical standard processes for improved accuracy, increased efficiencies and productivity gains
Dashboard metrics automated as per instructions from user
Report automation provides faster delivery times and view of VAT position
VATSolve’s software upgrades are updated automatically whenever news SARS legislation comes into effect without any system downtime
All Vat transactions and processing are audit-linked back to prime ERP transactions
VATSolve’s software provides multi-level viewing and analysis by:
Company
VAT period
Output/Input
VAT category
Document Type
GL and Cost/Profit Centre
Detailed information visibility provides controls to check accuracy of VAT records and allocations before return submission
Screen viewing, drill-down and pivot table functionality

7. Intelligent VAT management and reporting
*80% decrease in resourcing requirement
Speed and accuracy
Efficiency and productivity
Risk
Compliance
Governance controls
Visibility and transparency
Accuracy
Automation
*Decrease in preparation and filing time of up to 80%
Integration
*Access to current, future and historical data available at click of button
Analysis
*R2.5million/annum is the average savings clients are realising using VATSOLVE
* Based on analysis of VATSOLVE’s clients from

8. ATSolve V Visibility Accuracy Reconciliation
Intelligent VAT management and reporting
Visibility Accuracy Reconciliation
Enables investigation to ensure no over or under statement of VAT input claims
Enables investigation to ensure no over or under statement of VAT outputs
Enables full testing of VAT compliance
Provides alerts to system errors and internal controls in current ERP system sand operator inputs
Stores all reported data for SARS VAT returns and IT14SD with on-demand accessibility
Compatible and interoperable with large commercial financial software packages
Enables reconciliation of SARS returns to transactions and IT14SD to VAT201 financial reporting; providing detailed categorised analysis

9. ATSolve V Meeting all SARS requirements and full data transparency
Automated VAT201, Turnover and IT14SD reconciliations
Integrated interfaces between data sources with automatic electronic calculations based on program rules ensuring accuracy, transparency and timeliness of filing
All transactions and balances imported direct to VAT201
Data integrity maintained across all financial departments as data imported directly from accounting software packages ensuring complete accuracy of reporting
All trial balance information per period reconciled and aligned to VAT returns and IT14SD reconciliations
Full data visibility and reconciliation across the finance department ensuring accuracy, transparency , ease of accessibility of supporting documentation, faster query resolution and robust data for auditing purposes

10. Benefits of effective VAT management and reporting
Better cash-flow management
Allocation and reporting of VAT transactions to the correct month payment period to avoid over or under payment, provides accurate VAT position and VAT forecasting
Improved transparency and visibility
All data records are visible and fully accessible at any time, with the click of the mouse
All current and historical records are securely stored
Multi-level dashboards and analysis
Software integration with finance systems ensures the integrity of data import for more accurate reporting and analysis and allows for effective reconciliation with embedded controls and authorisation/approval matrices
Tracking of all user inputs and changes stored and available at click of a mouse
Strengthened compliance and reduced risk
Automation eliminates low-value manual processing freeing teams to focus on more productive activities
Automation increases accuracy minimising errors and reducing time having to be spent on correcting mistakes
Increased productivity

11. Complete VAT system – Main Screen

12. Some of our clients

13. What our clients say
“This product has helped me reduce the time I normally take to do VAT. What is amazing with this product is that it allows you to pull reports at the click of a button.
The support is amazing”
Internet Solutions – a client since 2011
“VATSolve has assisted us greatly in simplified VAT return preparation, reconciliation to ledger and exception reporting. One of the biggest value-adds has been the Cash flow benefit savings where we have a significant savings each month. The Upgrade to PLUS and the IT14SD tool has simplified our IT14SD recon process monthly, which we look forward to reaping the rewards from”
Vector Logistics – a client since 2012
“VATSolve is a great product and saves us money using the Cash Flow option. We are also able to check VAT entries are captured correctly.
We are very happy with the VATSolve team. If we need any help the team always assist immediately”
Dis-Chem – a client since 2012

14. What our clients says
“VATSolve is the perfect tool to complete our VAT returns with confidence.
The return is backed by a solid, secure system with all audits and compliance required.
The system is easy to use and the support from the VATSOLVE team is excellent.”
PPC – a client since 2011
“VATSolve is a user friendly tool that enables you to complete the VAT201 returns with a high level of accuracy.
The tool furthermore allows you to perform data analytics for a material number of transactions and therefore it enables one to identify potential risks, non-compliance to legislations and/or errors timeously.
The service received from the VATSolve team has always been of a high standard. It is an amazing experience working with a team so dedicated, always available to assist if necessary or to discuss proposed enhancements to satisfy individual client requirements.”
AFGRI – a client since 2011