Energy Risk Management Global 2024

Risk Management

PWC

Industry: Energy
Location: Global
Year: 2024

Full Credential Description

The VAT Analytics Dashboard for the NHS was developed to address specific challenges faced by NHS bodies in managing their VAT reporting and compliance. Prior to the implementation of this dashboard, NHS organizations struggled with the cumbersome process of manually sifting through paper invoices and spreadsheets to identify VAT compliance errors. This traditional method was not only time-consuming but also prone to oversight, leading to potential financial losses due to miscoded VAT. The tailored solution provided by the VAT Analytics Dashboard transforms accounts payable, accounts receivable, and VAT reporting data into interactive visual formats, such as tables, charts, and graphs. This user-friendly software allows NHS staff to easily interpret complex VAT data, significantly reducing their reliance on external tax advisors. Key features include the ability to run audit exception reports that mirror the tests performed by tax advisers, enabling NHS bodies to identify trends, adjus

Measurable Results

Professional consulting and advisory services delivered