Research Reveals Nearly Two-Thirds of U.S. Companies Fail to Reclaim VAT from U.S. Travelers
SAP Concur research shows 69% of U.S. companies are not confident in reclaiming VAT from U.S. travelers going overseas. Cost containment is the leading reason for re-evaluating processes. Automation and cloud technology can simplify VAT reclaim, with a case study showing a 75% increase in reclaimable VAT.
Impact and considerations
For finance and travel managers at U.S. companies, understanding the challenges of VAT reclaim and the potential returns of automated solutions can help improve cash flow and compliance.
Key points
- 69% of U.S. companies are not confident in reclaiming VAT from overseas travel.
- Cost containment is the leading reason (42%) for companies re-evaluating VAT reclaim processes.
- Companies in a case study saw a 75% increase in reclaimable VAT after adopting SAP Concur.
- Electronic receipt capture, cloud technology, and data aggregation can simplify VAT reclaim.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 14 Aug 2026, 08:36
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog：Research Reveals Nearly Two-Thirds of U.S. Companies Fail to Reclaim VAT from U.S. Travelers (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47