Peninsula Travel GroupTravel & TourismUAEEnterprise · 1,000+ employees

Recovered 94% of eligible VAT in 6 months

94% of eligible VAT recovered.

peninsulaTravel Group

94%

Eligible VAT recovered

Challenge

Airline and hotel invoices arrived after the trip, in mixed formats, and recoverable VAT leaked. Nobody could say how much, which made the case for fixing it hard to make.

Solution

Finkraft captured invoices automatically from airlines, hotels and the TMC, matched them to bookings, and flagged documents that failed recovery rules before the return was filed.

Results

What changed, in numbers.

94%

Eligible VAT recovered

6 months

Time to first recovery file

−70%

Manual matching hours

peninsulaTravel Group

“Airline and hotel invoices used to arrive after the trip in five formats. Now they land matched to the booking, and the VAT claim is ready before anyone asks.”

Finance Director · Peninsula Travel Group

Products used