Fintua
23 Case Studies
A Fintua Case Study
Diversey, Inc., a global cleaning and hygiene supplier with ~6,000 employees, faced complex, inconsistent VAT recovery processes across multiple jurisdictions that risked lost refunds and administrative burden. To address this, Diversey engaged Fintua to deploy a VAT reclaim solution (VAT recovery automation and advisory) to standardize how the company handles cross-border VAT claims.
Fintua implemented its VAT reclaim platform and processes, giving Diversey a consistent, company-wide method for identifying and recovering VAT. The result: clearer rules on what to reclaim and what not to, simpler operations, improved compliance and recovery outcomes, and a consistent way of reclaiming VAT that has driven significant operational simplicity for Diversey — as Diversey itself notes, “We now have a consistent way of reclaiming VAT….”
Poul Lishmann Nielsen
Finance Director