Companies overpay sales tax and get only 65% of it back 3-4 years later with a reverse audit.
Reverse audits often trigger regular audits... And with the inherent conflict of interest to identify underpayments in a reverse audit, corporations could be exposed to big liabilities.
and pay the right amount of sales tax at the time of purchase
So we built AI-powered software that identifies over- AND underpayments before payment extraction.
Request early access and find out how your company can yield an ROI of up to 10x by using our software.
Using historical data as the predictor's backbone
Our AI lets you achieve compliance during invoice processing - no more reverse audits!
A simple preview of our Machine Learning capabilities: select a US State, type in any item and our algorithm will determine its taxability:
From all AP dataset fields, the line item description is the single best predictor. The Taxionary showcases our capabilities for making taxability decisions based on just that single field, but our full model utilitizes all fields in the dataset and therefore yields even better results.