If you also wish to digitize the entire management of your company’s corporate expenses and, in addition, recover the VAT, contact DevoluIVA. Our team of experts will help you find the technological solution that best suits your business needs and those of all your employees.

Find out how Escapada Rural manages the corporate expenses and VAT recovery automatically

Escapada Rural, a platform dedicated to the promotion of rural touristic accommodation, decides to optimize the process of managing corporate expenses of its corporate travellers.

Up until now, the management of paper expense receipts and expense notes is done manually, increasing the number of errors, loss of tickets and, consequently, affecting directly to the company’s accounting.

At this point, Escapada Rural decides to digitize the management of its corporate expenses via DevoluIVA Clic, a DevoluIVA service that allows them as well to automatically recover expenses VAT.

Thanks to the implementation of DevoluIVA, Escapada Rural has managed to automate and digitize the management of its corporate expenses, drastically reducing the number of errors, increasing the productivity of the administrative department and completely eliminating the management of paper documents.

 Discover all the benefits that Escapada Rural has gained with DevoluIVA Click here:

AEBALL, corporate association in L’Hospitalet and El Baix Llobregat, and UPMBALL, Metallurgy Patronal Union in L’Hospitalet and El Baix Llobregat, have made an agreement with DevoluIVA to simplify VAT reclaim for corporate expenses from SMEs and self-employed in L’Hospitalet and the Llobregat zone.  

Self-employed, SMEs and large companies have usually issues to reclaim VAT for professional charges. Getting an invoice for small charges or losing receipts are two of the main issues when it comes to VAT reclaim. According to a study made by DevoluIVA, 30% of the corporate expenses receipts can’t be used to reclaim VAT fees because the paper is so damaged that it can’t be read. Because of this fact, a company can actually have a loss between €60,000 up to €500,000 and a self-employed could lose €3,000 on average.

That is why DevoluIVA has designed a system to digitalise receipts and issue electronic invoices for those charges. Users only need to take a picture of the receipts via the app, and they will automatically receive an electronic invoice. If users buy in a shop that is not using the DevoluIVA system, the receipt will be digitalised and certified by the AEAT, the Spanish Tax Agency. All digital receipts and electronic invoices will be stored in DevoluIVA for 10 years. This way, users can avoid losing or damaging receipts and it is easier to look them up if there is a business inspection.

DevoluIVA’s new features

Recently, DevoluIVA has released a new feature where self-employed, SMEs and large companies will also be able to digitalise invoices for representation expenses via the app. This way, employers will receive these receipts via the same channel and format.

With this agreement, DevoluIVA and AEBALL/UPMBALL simplify VAT reclaim for the associated companies with exclusive advantages.

“In AEBALL/UPMBALL, we trust on this service. We think that digitalisation and automation of charge processing contribute to an increase of a company’s productivity. This way, employees can focused on valued activities for the company”, explains Vice President and General Director of the Patronal, M. Rosa Fiol.

On the other hand, DevoluIVA’s CEO, Àngel Garrido, says that “DevoluIVA is a service that not only digitalises and automates processes for SMEs and self-employed, but also let employers reclaim money that they weren’t aware they were losing”.